Russia's producer prices rose 0.7 percent from a year earlier in October 2020, after being unchanged in the previous month. It was the first increase in producer prices since August 2019, with upward pressure coming from manufacturing (3.1 percent), electricity, gas, steam & air conditioning (4.4 percent) and water supply (4.1 percent). Meanwhile, cost for mining dropped 8.0 percent. On a monthly basis, producer prices advanced 0.3 percent in October. source: Federal State Statistics Service
Producer Prices Change in Russia averaged 9.25 percent from 2005 until 2020, reaching an all time high of 33.70 percent in July of 2008 and a record low of -14.10 percent in May of 2020. This page provides - Russia Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.
Producer Prices Change in Russia is expected to be -2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Russia to stand at 2.00 in 12 months time. In the long-term, the Russia Producer Prices Change is projected to trend around 3.00 percent in 2021 and 2.00 percent in 2022, according to our econometric models.