Industrial production in Russia fell 3.1 percent year-on-year in September of 2022, following a 0.1 percent decrease in the previous month and compared with market expectations of a 1 percent decline. It was the sixth consecutive month of falls in industrial activity, as output went down for mining (-1.8 percent vs 1 percent in August); electricity, steam, and air conditioning (-1.5 percent vs 1.6 percent); manufacturing (-4 percent vs -0.8 percent) and water supply, wastewater disposal, and the collection and organization of waste (-7.5 percent vs -9 percent). On a monthly basis, industrial production went up 0.5 percent, following a 1.8 percent rise in each of the previous two months. Considering Q3, industrial output declined 1.3 percent compared with the previous year and rose 3.9 percent when compared to the previous three month period. source: Federal State Statistics Service
Industrial Production in Russia averaged 3.17 percent from 2000 until 2022, 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 November of 2022.
Industrial Production in Russia is expected to be -1.30 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 1.00 percent in 2023, according to our econometric models.