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.