Producer prices in Russia jumped 6.7 percent year-on-year in January of 2021, accelerating from a 3.6 percent increase in the previous month. It was the biggest increase in producer prices since May of 2019, as prices advanced faster manufacturing (9.1 percent vs 6 percent in December) and cost of mining rebounded (1.8 percent vs -3.3 percent). Meantime, inflation slowed for electricity, gas, steam & air conditioning (2.2 percent vs 3.9 percent) and water supply (2.7 percent vs 4.2 percent). On a monthly basis, producer prices advanced 3.5 percent, following a 1.5 percent gain in December. source: Federal State Statistics Service

Producer Prices Change in Russia averaged 9.17 percent from 2005 until 2021, reaching an all time high of 33.70 percent in July of 2008 and a record low of -14.10 percent in May of 2020. This page provides - Russia Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.

Producer Prices Change in Russia is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Russia to stand at 3.00 in 12 months time. In the long-term, the Russia Producer Prices Change is projected to trend around 3.00 percent in 2022 and 2.00 percent in 2023, according to our econometric models.

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Russia Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
6.70 3.60 33.70 -14.10 2005 - 2021 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-18 04:00 PM Oct 0.7% 0% 0.7%
2020-12-16 04:00 PM Nov 2.4% 0.7% 0.8%
2021-01-26 04:00 PM Dec 3.6% 2.4% 3%
2021-02-16 04:00 PM Jan 6.7% 3.6% 4%
2021-03-17 04:00 PM Feb 6.7%
2021-04-23 04:00 PM Mar
2021-05-21 04:00 PM Apr
2021-06-18 04:00 PM May


News Stream
Russia Producer Inflation Picks Up to 20-Month High
Producer prices in Russia jumped 6.7 percent year-on-year in January of 2021, accelerating from a 3.6 percent increase in the previous month. It was the biggest increase in producer prices since May of 2019, as prices advanced faster manufacturing (9.1 percent vs 6 percent in December) and cost of mining rebounded (1.8 percent vs -3.3 percent). Meantime, inflation slowed for electricity, gas, steam & air conditioning (2.2 percent vs 3.9 percent) and water supply (2.7 percent vs 4.2 percent). On a monthly basis, producer prices advanced 3.5 percent, following a 1.5 percent gain in December.
2021-02-16
Russia Producer Prices Rise the Most Since 2019
Producer prices in Russia rose 3.6 percent year-on-year in December of 2020, accelerating from a 2.4 percent increase in the previous month. It was the biggest increase in producer prices since June of 2019, with upward pressure coming from manufacturing (6 percent), electricity, gas, steam & air conditioning (3.9 percent) and water supply (4.2 percent). Meanwhile, cost of mining dropped 3.3 percent. On a monthly basis, producer prices advanced 1.5 percent, following a 1 percent gain in November.
2021-01-26
Russia Producer Prices Rise The Most in Over a Year
Producer prices in Russia rose 2.4 percent year-on-year in November of 2020, following a 0.7 percent increase in the previous month. It was the biggest increase in producer prices since June of 2019, with upward pressure coming from manufacturing (4.7 percent), electricity, gas, steam & air conditioning (2.9 percent) and water supply (4.2 percent). Meanwhile, cost for mining dropped 4.2 percent. On a monthly basis, producer prices advanced 1 percent in November.
2020-12-16
Russia Producer Prices Rise for 1st Time in Over a Year
Russia's producer prices rose 0.7 percent from a year earlier in October 2020, after being unchanged in the previous month. It was the first increase in producer prices since August 2019, with upward pressure coming from manufacturing (3.1 percent), electricity, gas, steam & air conditioning (4.4 percent) and water supply (4.1 percent). Meanwhile, cost for mining dropped 8.0 percent. On a monthly basis, producer prices advanced 0.3 percent in October.
2020-11-18

Russia Producer Prices Change
Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.