Industrial production in Russia jumped 10.4 percent year-on-year in June of 2021, after a revised 12.3 percent gain in the previous month and compared to market expectations of a 10.1 percent increase. Industrial output rose for the fourth straight month in June, although at a softer pace compared with the prior month, as production increased less for manufacturing (7.7 percent vs 12.1 percent in May) and electricity, gas, and steam; air conditioning (8.0 percent vs 8.1 percent). On the other hand, output advanced faster for mining (13.8 percent vs 12.6 percent) and water supply (32.3 percent vs 27.4 percent). On a monthly basis, industrial production rose 1.3 percent, rebounding from a 1.7 percent decline in May. source: Federal State Statistics Service
Industrial Production in Russia averaged 3.17 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 August of 2021.
Industrial Production in Russia is expected to be 2.50 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 3.40 percent in 2022 and 2.00 percent in 2023, according to our econometric models.