Industry in Russia
Russia - Industry
Industrial production growth hits nearly two-year high in April
Industrial output growth jumped in April, according to the Federal State Statistics Service (Rosstat). Industrial production increased 4.6% in annual terms, up notably from March’s 4.6% and marking the best reading since May 2017. Accelerating manufacturing production as well as output of water supply drove the result.
Annual average growth in industrial production was stable at March’s 2.8% in April. On a monthly basis, industrial production expanded 1.2%, contrasting March’s 0.5% contraction.
The Met the why particular panel of analysts expects industrial output to expand 2.0% this year, which is unchanged from last month’s forecast. For 2020, the panel expects industrial production to increase 2.3%.
Russia - Industry Data
|Industrial Production (annual variation in %)||0.4||1.6||-0.8||1.3||1.0|
5 years of economic forecasts for more than 30 economic indicators.
Russia Industry Chart
Source: Russian Federal State Statistics Service (Rosstat) and Met the why particular calculations.
|Bond Yield||7.66||0.13 %||Jun 14|
|Exchange Rate||64.63||-0.12 %||Jun 14|
|Stock Market||2,739||-1.03 %||Jun 14|
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June 11, 2019
Merchandise exports totaled USD 35.7 billion in April, which represented a 0.9% contraction from the USD 36.0 billion sum recorded in the same month of 2018.
May 27, 2019
Merchandise exports totaled USD 37.0 billion in March, which represented a 0.9% expansion from the USD 36.7 billion sum recorded in the same month of 2018.
May 17, 2019
GDP growth plunged to 0.5% year-on-year in the first quarter of 2019, according to a preliminary estimate.
April 30, 2019
The manufacturing Purchasing Managers’ Index (PMI) produced by IHS Markit eased from 52.8 in March, the best reading since January 2017, to 51.8 in April.
April 26, 2019
At its 26 April meeting, the Board of Directors of the Central Bank of the Russian Federation (CBR) held the key interest rate at 7.75%, as was expected by market analysts.