Industry in Russia
Russia - Industry
Industrial production growth slows in September
Industrial output growth lost steam in September, according to the Federal State Statistics Service (Rosstat). Industrial production increased 2.7% in annual terms, down from August’s 2.7%. The slowdown was driven by a contraction in manufacturing output, which was partially offset by a pickup in mining and quarrying production.
Annual average industrial production growth inched down to 2.0% in September (August: 2.1%). On a monthly basis, industrial production grew a modest 0.2%, slightly below August’s 0.3% expansion.
Russia Industrial Production Forecast
The FocusEconomics panel of analysts expects industrial output to expand 2.5% next year, which is unchanged from last month’s forecast. For 2020, the panel expects industrial production to increase 2.1%.
Russia - Industry Data
|Industrial Production (annual variation in %)||0.4||1.6||-0.8||1.3||1.0|
5 years of economic forecasts for more than 30 economic indicators.
Russia Industry Chart
Source: Russian Federal State Statistics Service (Rosstat) and FocusEconomics calculations.
|Bond Yield||8.68||0.13 %||Dec 12|
|Exchange Rate||66.50||-0.12 %||Dec 12|
|Stock Market||2,370||-1.03 %||Dec 12|
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December 6, 2018
In November, consumer prices rose 0.5% from the previous month, slightly above the 0.4% increase recorded in October.
November 22, 2018
Merchandise exports totaled USD 24.8 billion in September, which represented a healthy 24.8% expansion from the USD 21.4 billion sum recorded in the same month last year.
November 13, 2018
A preliminary estimate of national accounts data released by Rosstat on 11 November revealed that the economic recovery lost steam in the third quarter, following a sharp acceleration in the second quarter.
November 7, 2018
In October, consumer prices rose 0.4% from the previous month, above the 0.2% growth recorded in September.
November 5, 2018
Business conditions in Russia’s manufacturing and services sectors improved in October.