Industrial production in Russia fell 3.1 percent year-on-year in September of 2022, following a 0.1 percent decrease in the previous month and compared with market expectations of a 1 percent decline. It was the sixth consecutive month of falls in industrial activity, as output went down for mining (-1.8 percent vs 1 percent in August); electricity, steam, and air conditioning (-1.5 percent vs 1.6 percent); manufacturing (-4 percent vs -0.8 percent) and water supply, wastewater disposal, and the collection and organization of waste (-7.5 percent vs -9 percent). On a monthly basis, industrial production went up 0.5 percent, following a 1.8 percent rise in each of the previous two months. Considering Q3, industrial output declined 1.3 percent compared with the previous year and rose 3.9 percent when compared to the previous three month period. source: Federal State Statistics Service

Industrial Production in Russia averaged 3.17 percent from 2000 until 2022, reaching an all time high of 17.70 percent in April of 2000 and a record low of -16.90 percent in January of 2009. This page provides - Russia Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on November of 2022.

Industrial Production in Russia is expected to be -1.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Industrial Production is projected to trend around 1.00 percent in 2023, according to our econometric models.

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Russia Industrial Production



Calendar GMT Actual Previous Consensus TEForecast
2022-09-28 04:00 PM Aug -0.1% -0.5% -0.9% -1%
2022-10-26 04:00 PM Sep -3.1% -0.1% -1% -0.8%
2022-11-23 04:00 PM Oct -3.1% -3.8% -1.8%


Related Last Previous Unit Reference
Business Confidence -3.00 -1.70 points Oct 2022
Industrial Production Mom 0.50 1.80 percent Sep 2022
Industrial Production -3.10 -0.10 percent Sep 2022
Manufacturing Production -4.00 -0.80 percent Sep 2022
Capacity Utilization 61.00 60.00 percent Sep 2022
Changes in Inventories 136.60 486.80 RUB Billion Jun 2022
Car Production 136.20 146.50 Thousand Units Apr 2021
Mining Production -1.80 1.00 percent Sep 2022
Corporate Profits 20884.50 18779.90 RUB Billion Aug 2022
Cement Production 4.92 3.89 Millions of Tonnes Apr 2021

Russia Industrial Production
In Russia, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 55 percent of total production. The biggest segments within manufacturing are: metallurgy (9.6 percent); coke and refined petroleum products (9.5 percent); food beverages and tobacco (8.4 percent); chemicals (4 percent); machinery and equipment (3.8 percent); transport (3.7 percent) and electrical equipment (3.4 percent). Mining and quarrying accounts for 35 percent, and natural gas and crude oil exploration represents 29 percent of total output. Also, electricity, gas and water supply accounts for 11 percent.
Actual Previous Highest Lowest Dates Unit Frequency
-3.10 -0.10 17.70 -16.90 2000 - 2022 percent Monthly

News Stream
Russia Industrial Output Falls More than Expected
Industrial production in Russia fell 3.1 percent year-on-year in September of 2022, following a 0.1 percent decrease in the previous month and compared with market expectations of a 1 percent decline. It was the sixth consecutive month of falls in industrial activity, as output went down for mining (-1.8 percent vs 1 percent in August); electricity, steam, and air conditioning (-1.5 percent vs 1.6 percent); manufacturing (-4 percent vs -0.8 percent) and water supply, wastewater disposal, and the collection and organization of waste (-7.5 percent vs -9 percent). On a monthly basis, industrial production went up 0.5 percent, following a 1.8 percent rise in each of the previous two months. Considering Q3, industrial output declined 1.3 percent compared with the previous year and rose 3.9 percent when compared to the previous three month period.
2022-10-26
Russia Industrial Output Falls for 5th Month
Industrial production in Russia edged down 0.1 percent from a year earlier in August of 2022, the fifth straight drop, after a 0.5 percent drop in the previous month and compared with market expectations of a 0.9 percent decline. Output fell at a softer pace for water supply, wastewater disposal, and the collection and organization of waste (-9 percent vs -14.9 percent in July) and manufacturing (-0.8 percent vs -1.1 percent). Also, production rebounded for electricity, steam, and air conditioning (1.6 percent vs -0.5 percent), and rose faster for and mining (1 percent vs 0.9 percent). On a seasonally and calendar-adjusted monthly basis, industrial output rose 1.8 percent, the same as in July.
2022-09-28
Russian Industrial Production Contracts Less than Expected
Industrial production in Russia fell 0.5 percent from a year earlier in July of 2022, easing from the upwardly revised 2.4 percent drop in the previous month and lower than market expectations of a 2.4 percent decline. Output fell for water supply, wastewater disposal, and the collection and organization of waste (-14.9 percent vs -15.7 percent in June) and electricity, steam, and air conditioning (-0.5 percent vs -0.2 percent), while it rose at a slower pace for manufacturing (2.8 percent vs 5 percent) and mining (0.9 percent vs 1.4 percent). On a seasonally and calendar adjusted monthly basis, industrial output rose by 1.8 percent.
2022-08-24