Russia's producer prices dropped 6.3 percent year-on-year in November 2019, following a 4.9 percent fall in the previous month. It was the third consecutive monthly decline in producer prices and the sharpest since August 2009, as cost went down further for manufacturing (-3.8 percent compared to -2.5 percent in October) and mining & quarrying (-16.2 percent compared to -4 percent). Also, electricity, gas, steam & air conditioning inflation eased to 1.3 percent from 1.7 percent in the prior month. On a monthly basis, producer prices fell 0.8 percent, after declining 0.2 percent in October. Producer Prices Change in Russia averaged 10.06 percent from 2005 until 2019, reaching an all time high of 33.70 percent in July of 2008 and a record low of -12.30 percent in July of 2009. source: Federal State Statistics Service

Producer Prices Change in Russia is expected to be 3.60 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 2.60 in 12 months time. In the long-term, the Russia Producer Prices Change is projected to trend around 2.00 percent in 2020, according to our econometric models.


Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Russia Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
-6.30 -4.90 33.70 -12.30 2005 - 2019 percent Monthly
NSA



Calendar GMT Actual Previous Consensus TEForecast
2019-09-17 01:00 PM Aug 0.3% 1.1% 0.7%
2019-10-17 01:00 PM Sep -1.2% 0.3% -2.9%
2019-11-19 01:00 PM Oct -4.9% -1.2% -2%
2019-12-17 01:00 PM Nov -6.3% -4.9% -6%
2020-01-24 01:00 PM Dec -6.3% -4.6%


News Stream
2019-11-19
Russia Producer Prices Fall the Most in 10 Years
Russia's producer prices fell 4.9 percent year-on-year in October 2019, following a 1.2 percent drop in September. It was the second straight monthly decline in producer prices and the steepest since September 2009, as cost fell further for manufacturing (-2.5 percent vs -0.6 percent in September). Also, prices continued to decrease for mining & quarrying (-4 percent vs -5 percent) while electricity, gas, steam & air conditioning inflation slowed to 1.7 percent (from 3.2 percent). On a monthly basis, producer prices edged down 0.2 percent, less than a 0.3 percent drop in September.

2019-10-17
Russia Producer Prices Fall For 1st Time Since 2009
Russia's producer prices decreased by 1.2 percent year-on-year in September of 2019, after a 0.3 percent rise the previous month. It was the first drop in producer prices since October of 2009, as cost fell for manufacturing (-0.6 percent vs 0.9 percent in August) and mining & quarrying (-5.0 percent vs -3.5 percent). In addition, electricity, gas, steam & air conditioning prices slowed (3.2 percent vs 4.9 percent). On monthly basis, producer prices decreased 0.3 percent, following a 0.6 percent slump in August.

2019-09-17
Russia Producer Inflation at 10-Year Low in August
Producer prices in Russia edged up 0.3 percent year-on-year in August of 2019, easing from a 1.1 percent rise in the previous month. It was the lowest producer inflation since October 2009, when deflation ended. Cost slowed for manufacturing (0.9 percent vs 2.2 percent in July) and electricity, gas, steam & air conditioning (4.9 percent vs 6.8 percent). Also, prices continued to fall for mining (-3.5 percent vs -4.4 percent), particularly coal (-8.2 percent) and crude oil & natural gas production (-6.8 percent). On monthly basis, producer prices decreased 0.6 percent, after a 2.7 percent slump in July.

2019-08-16
Russia Producer Inflation Slows to Over 3-Year Low
Producer prices in Russia increased 1.1 percent year-on-year in July of 2019, easing from a 4.1 percent rise in the previous month. It was the lowest producer inflation since April of 2019, as cost slowed for manufacturing (2.2 percent from 3.2 percent in June) and water supply, sewerage, waste management & remediation activities (3.9 percent from 4.5 percent). In addition, prices of mining & quarrying fell 4.4 percent, after increasing 5.7 percent in June, as cost of both coal (-2.3 percent) and crude oil & natural gas production (-8.3 percent) decreased. On the other hand, prices rose faster for electricity, gas, steam & air conditioning (6.8 percent from 5.9 percent). On a monthly basis, producer prices declined 2.7 percent, following a 0.6 percent drop in June.

2019-07-16
Russia Producer Inflation Slows to Near 2-Year Low of 4.1%
Producer prices in Russia increased 4.1 percent year-on-year in June of 2019, easing further from an 8.6 percent rise in the previous month. It was the lowest producer inflation since July of 2017, as cost slowed for manufacturing (3.2 percent from 5.1 percent in May), particularly coke & petroleum products (1.2 percent from 3.6 percent); and mining & quarrying (5.7 percent from 20 percent), namely crude oil & natural gas production (4.7 percent from 24.7 percent). On the other hand, prices rose faster for electricity, gas, steam & air conditioning (5.9 percent from 5.5 percent) while inflation was steady for waste management & remediation activities (at 4.5 percent). On a monthly basis, producer prices declined 0.6 percent, down from a 1.8 percent jump in May and compared with market consensus of a 1.5 percent fall.

2019-06-18
Russia Producer Inflation Eases to 13-Month Low
Producer prices in Russia increased 8.6 percent year-on-year in May of 2019, slowing from a 10.7 percent rise in the previous month. It was the lowest producer inflation since April of 2018, as cost went up at a softer pace for manufacturing (5.1 percent vs 6.7 percent in April), particularly coke & petroleum products (3.6 percent from 7.4 percent); mining & quarrying (20 percent vs 25.2 percent), namely crude oil & natural gas production (24.7 percent from 33.1 percent) and for electricity, gas, steam & air conditioning (5.5 percent vs 5.8 percent). Meantime, waste management & remediation activities cost rose 4.5 percent, the same pace as in April. On a monthly basis, producer prices went up 1.8 percent, following a 0.5 percent gain in the prior month.


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.

Russia Prices Last Previous Highest Lowest Unit
Inflation Rate 3.00 3.50 2333.30 2.20 percent [+]
Inflation Rate Mom 0.40 0.30 100.00 -0.50 percent [+]
Consumer Price Index CPI 592.60 590.20 592.60 0.10 points [+]
Core Consumer Prices 100.10 100.20 103.50 100.10 points [+]
Core Inflation Rate 3.10 3.50 17.50 1.80 percent [+]
GDP Deflator 119.17 119.93 121.34 43.41 points [+]
Producer Prices 662.50 667.80 722.40 0.00 points [+]
Producer Prices Change -6.30 -4.90 33.70 -12.30 percent [+]
Food Inflation 4.00 4.70 26.10 -0.60 percent [+]