Industry in Russia
Russia - Industry
Industrial production slows in December
Industrial output growth lost steam in December, according to the Federal State Statistics Service (Rosstat). Industrial production increased 2.0% in annual terms, down from November’s 2.4%. The deceleration was driven by slower mining and quarrying activity along with water supply production.
For the full year 2018, industrial production grew 2.9%, above 2017’s 2.1%. On a monthly basis, industrial production grew 0.1% in December, rebounding from November’s 0.4% fall.
The FocusEconomics panel of analysts expects industrial output to expand 1.9% this year, which is down 0.2 percentage points from last month’s forecast. For 2020, the panel expects industrial production to increase 2.1%.
Russia - Industry Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Industrial Production (annual variation in %) | 0.4 | 1.6 | -0.8 | 1.3 | 1.0 |
Russia Industry Chart
Source: Russian Federal State Statistics Service (Rosstat) and FocusEconomics calculations.
Russia Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 8.38 | 0.13 % | Feb 14 |
| Exchange Rate | 65.68 | -0.12 % | Feb 14 |
| Stock Market | 2,461 | -1.03 % | Feb 14 |
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