Industrial production in Russia rose 7.0 percent year-on-year in November of 2021, slightly easing from a downwardly revised 7.4 percent increase in the previous month and beating market expectations of a 5.0 percent gain. It was the ninth straight month of growth in industrial activity, boosted by; mining production (10.2 percent), manufacturing (5.3 percent), and utilities (3.9 percent). On a monthly basis, industrial output grew 0.5 percent, while for the eleven months of 2021, the growth was 5.2 percent compared to the same period of last year. source: Federal State Statistics Service

Industrial Production in Russia averaged 3.23 percent from 2000 until 2021, 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 January of 2022.

Industrial Production in Russia is expected to be 6.30 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 3.40 percent in 2022 and 2.00 percent in 2023, according to our econometric models.

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Russia Industrial Production


Calendar GMT Actual Previous Consensus TEForecast
2021-11-24 04:00 PM Oct 7.1% 6.9% 6% 5.5%
2021-12-22 04:00 PM Nov 7% 7.1% 5% 5.1%
2022-01-25 04:00 PM Dec 7% 5.4%


Related Last Previous Unit Reference
Business Confidence -3.30 -2.00 points Dec/21
Industrial Production 7.00 7.40 percent Nov/21
Industrial Production Mom 0.50 4.80 percent Nov/21
Manufacturing Production 4.50 5.10 percent Oct/21
Capacity Utilization 60.00 60.00 percent May/21
Changes in Inventories 1918.10 1383.20 RUB Billion Sep/21
Car Production 136.20 146.50 Thousand Units Apr/21
Mining Production 10.90 9.00 percent Oct/21
Corporate Profits 22443.00 19560.00 RUB Billion Oct/21
Cement Production 4.92 3.89 Millions of Tonnes Apr/21

News Stream
Russia Industrial Output Growth Tops Forecasts
Industrial production in Russia rose 7.0 percent year-on-year in November of 2021, slightly easing from a downwardly revised 7.4 percent increase in the previous month and beating market expectations of a 5.0 percent gain. It was the ninth straight month of growth in industrial activity, boosted by; mining production (10.2 percent), manufacturing (5.3 percent), and utilities (3.9 percent). On a monthly basis, industrial output grew 0.5 percent, while for the eleven months of 2021, the growth was 5.2 percent compared to the same period of last year.
2021-12-22
Russia Industrial Output Grows More Than Expected
Industrial production in Russia rose 7.1 percent year-on-year in October of 2021, quickening from a 6.9 percent increase in the previous month and beating market expectations of a 6.0 percent gain. It was the eighth straight month of growth in industrial activity, boosted by; mining production (10.9 percent vs 9.0 percent). Meanwhile, the manufacturing production growth eased (4.5 percent vs 5.1 percent). On a monthly basis, industrial output grew 4.8 percent, following an upwardly revised increase of 3.6 percent.
2021-11-24
Russia Industrial Output Growth Tops Estimates
Industrial production in Russia rose 6.8 percent year-on-year in September of 2021, quickening from a 4.6 percent increase in the previous month and beating market expectations of a 4.6 percent gain. It was the seventh straight month of growth in industrial activity, boosted by extraction of raw materials (9.5 percent vs 6.6 percent in August); manufacturing (4.6 percent vs 2.9 percent); production and distribution of electricity, gas (9.1 percent vs 6.78 percent) and distribution of water, sewage (10.7 percent vs 12.7 percent). On a monthly basis, industrial output grew 3.5 percent, following a downwardly revised increase of 1.1 percent.
2021-10-27

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.