Producer prices in Russia decreased 0.7 percent year-on-year in January 2020, following a 4.3 percent slump in the previous month. It was the fifth straight monthly decline in producer prices, but the smallest fall. Prices went down from manufacturing (-0.3 percent) and mining (-4.4 percent) while those of electricity, gas, steam & air conditioning (+4.6 percent) and water supply (+5.9 percent) rose. On a monthly basis, producer prices went up 0.9 percent, rebounding from a 0.4 percent drop in December.

Producer Prices Change in Russia averaged 9.92 percent from 2005 until 2020, reaching an all time high of 33.70 percent in July of 2008 and a record low of -12.30 percent in July of 2009. This page provides - Russia Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Federal State Statistics Service

Producer Prices Change in Russia is expected to be 1.00 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 2.50 in 12 months time. In the long-term, the Russia Producer Prices Change is projected to trend around 2.00 percent in 2021, according to our econometric models.


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Russia Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
-0.70 -4.30 33.70 -12.30 2005 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2019-11-19 01:00 PM Oct -4.9% -1.2% -2%
2019-12-17 01:00 PM Nov -6.3% -4.9% -6%
2020-01-24 01:00 PM Dec -4.3% -6.3% -4.6%
2020-02-18 01:00 PM Jan -0.7% -4.3% -3.2%
2020-03-18 01:00 PM Feb -0.7%
2020-04-16 01:00 PM Mar 1%
2020-05-22 01:00 PM Apr
2020-06-18 01:00 PM May


News Stream
Russia Producer Prices Fall the Least in 5 Months
Producer prices in Russia decreased 0.7 percent year-on-year in January 2020, following a 4.3 percent slump in the previous month. It was the fifth straight monthly decline in producer prices, but the smallest fall. Prices went down from manufacturing (-0.3 percent) and mining (-4.4 percent) while those of electricity, gas, steam & air conditioning (+4.6 percent) and water supply (+5.9 percent) rose. On a monthly basis, producer prices went up 0.9 percent, rebounding from a 0.4 percent drop in December.
2020-02-18
Russia Producer Deflation Eases in December
Russia's producer prices dropped 4.3 percent from a year earlier in December 2019, following a 6.3 percent fall in the previous month, with main downward pressure coming from manufacturing (-3.4 percent) and mining (-9.2 percent). In contrast, there were increases in prices of utilities (1.1 percent) and water supply (3.7 percent). On a monthly basis, producer prices were down 0.4 percent.
2020-01-24
Russia Producer Prices Fall the Most in Over 10 Years
Russia's producer prices dropped 6.3 percent year-on-year in November 2019, following a 4.9 percent fall in the previous month. It was the third consecutive monthly decline in producer prices and the sharpest since August 2009, as cost went down further for manufacturing (-3.8 percent compared to -2.5 percent in October) and mining & quarrying (-16.2 percent compared to -4 percent). Also, electricity, gas, steam & air conditioning inflation eased to 1.3 percent from 1.7 percent in the prior month. On a monthly basis, producer prices fell 0.8 percent, after declining 0.2 percent in October.
2019-12-17
Russia Producer Prices Fall the Most in 10 Years
Russia's producer prices fell 4.9 percent year-on-year in October 2019, following a 1.2 percent drop in September. It was the second straight monthly decline in producer prices and the steepest since September 2009, as cost fell further for manufacturing (-2.5 percent vs -0.6 percent in September). Also, prices continued to decrease for mining & quarrying (-4 percent vs -5 percent) while electricity, gas, steam & air conditioning inflation slowed to 1.7 percent (from 3.2 percent). On a monthly basis, producer prices edged down 0.2 percent, less than a 0.3 percent drop in September.
2019-11-19

Russia Producer Prices Change
Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.