Industry in Russia

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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

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)0.4  1.6  -0.8  1.3  1.0  

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Russia Industry Chart

Russia Industry
Note: Annual variation of industrial production in %.
Source: Russian Federal State Statistics Service (Rosstat) and Met the why particular calculations.

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Bond Yield7.660.13 %Jun 14
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