Russia's industrial output rose 3.7 percent year-on-year in October 2018, accelerating from a 2.1 percent growth in the previous month and easily beating market expectations of 2.7 percent. Manufacturing production rebounded 2.7 percent (vs -0.1 percent in September) and extraction of raw materials expanded at a faster 7.4 percent (vs 6.9 percent in September). Meanwhile, water supply growth eased to 4.8 percent in October from 6 percent in the previous month and utilities output continued to contract (-3.2 percent vs -0.4 percent). Industrial Production in Russia averaged 3.46 percent from 2000 until 2018, 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.

Industrial Production in Russia is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Russia to stand at 3.20 in 12 months time. In the long-term, the Russia Industrial Production is projected to trend around 3.20 percent in 2020, according to our econometric models.


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Russia Industrial Production
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-17 01:00 PM Industrial Production YoY 2.7% 3.9% 2.5% 2.3%
2018-10-15 01:00 PM Industrial Production YoY 2.1% 2.7% 2.5% 2.6%
2018-11-16 01:00 PM Industrial Production YoY 3.7% 2.1% 2.7% 2.9%
2018-12-17 01:00 PM Industrial Production YoY 3.7% 3.2%


Russia Business Last Previous Highest Lowest Unit
Business Confidence -5.00 -3.00 7.00 -20.00 Index Points [+]
Manufacturing PMI 51.30 50.00 54.70 47.60 [+]
Services PMI 56.90 54.70 58.40 41.30 Index Points [+]
Industrial Production 3.70 2.10 17.70 -16.90 percent [+]
Industrial Production Mom 5.80 2.50 24.40 -26.10 percent [+]
Manufacturing Production 2.70 -0.10 27.10 -28.10 percent [+]
Capacity Utilization 64.00 65.00 66.00 38.00 percent [+]
Changes in Inventories 935.10 85.90 2129.00 -1206.50 RUB Billion [+]
Total Vehicle Sales 160425.00 157371.00 291020.00 39497.00 [+]
Car Production 121.60 106.90 187.00 18.20 Thousand Units [+]
Car Registrations 160425.00 157371.00 291020.00 39497.00 [+]
Leading Economic Index 2.50 1.10 9.90 -11.80 percent [+]
Internet Speed 11846.17 11607.38 12288.46 1909.63 KBps [+]
IP Addresses 19163474.00 19200437.00 19200437.00 2137082.00 IP [+]
Steel Production 5910.00 6170.00 6804.00 3130.00 Thousand Tonnes [+]
Mining Production 7.40 6.90 10.80 -7.70 percent [+]
Cement Production 6.38 6.47 7.70 1.60 Millions of Tonnes [+]
Competitiveness Index 65.62 63.97 65.62 4.13 Points [+]
Competitiveness Rank 43.00 45.00 67.00 43.00 [+]
Composite Pmi 55.80 53.50 58.30 44.70 [+]
Bankruptcies 3431.00 3111.00 3696.00 1103.00 Companies [+]
Corporate Profits 8572.00 7578.70 11285.10 -224.00 RUB Billion [+]
Corruption Index 29.00 29.00 29.00 21.00 Points [+]
Corruption Rank 135.00 131.00 154.00 47.00 [+]
Ease of Doing Business 31.00 35.00 124.00 31.00 [+]


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. This page provides - Russia Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Industrial Production - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.70 2.10 17.70 -16.90 2000 - 2018 percent Monthly




Country Last
Argentina -11.50 Sep/18
Australia 3.50 Jun/18
Brazil -2.00 Sep/18
Canada 2.76 Aug/18
China 5.90 Oct/18
Euro Area 0.90 Sep/18
France -1.10 Sep/18
Germany 0.80 Sep/18
India 4.50 Sep/18
Indonesia 1.50 Sep/18
Italy 1.30 Sep/18
Japan -2.50 Sep/18
Mexico 1.80 Sep/18
Netherlands -2.10 Sep/18
Russia 3.70 Oct/18
Saudi Arabia 3.44 Mar/18
Singapore -0.20 Sep/18
South Africa 0.10 Sep/18
South Korea -8.40 Sep/18
Spain -0.10 Sep/18
Switzerland 8.30 Jun/18
Turkey -2.70 Sep/18
United Kingdom 0.00 Sep/18
United States 4.10 Oct/18


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