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.

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Russia Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
0.70 0.00 33.70 -14.10 2005 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-08-18 04:00 PM Jul -2.2% -8.3% -7.8%
2020-09-16 04:00 PM Aug -0.8% -2.2% -1.7%
2020-10-16 04:00 PM Sep 0% -0.8% -0.2%
2020-11-18 04:00 PM Oct 0.7% 0% 0.7%
2020-12-17 04:00 PM Nov 0.7%
2021-01-25 04:00 PM Dec
2021-02-18 04:00 PM Jan
2021-03-18 04:00 PM Feb


News Stream
Russia Producer Prices Rise for 1st Time in Over a Year
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.
2020-11-18
Russia Producer Prices Flat in September
Producer prices in Russia showed no growth from a year earlier in September of 2020, following twelve consecutive monthly declines and after a 0.8 percent drop in August. Deflation eased for mining & quarrying (-7.2 percent vs -8.9 percent in August) and prices advanced faster for manufacturing (1.5 percent vs 1.1 percent) and electricity, gas, steam & air conditioning (5.7 percent vs 4.7 percent). Meantime, inflation was steady for water supply (at 5 percent). On a monthly basis, producer prices went up 0.6 percent, after rising 1 percent in August.
2020-10-16
Russia Producer Deflation Eases Further
Producer prices in Russia 0.8 percent year-on-year in August of 2020, following a 2.2 percent fall in the previous month. It was the twelfth consecutive monthly decline in producer prices, but the softest since January, as deflation eased for mining & quarrying (-8.9 percent vs -20.7 percent in July). In addition, prices rebounded for manufacturing (1.1 percent vs -0.2 percent) and advanced faster for electricity, gas, steam & air conditioning (4.7 percent vs 1.7 percent). Meantime, inflation was steady for water supply (at 5 percent). On a monthly basis, producer prices went up 1 percent, easing from a 4.3 percent rise in July.
2020-09-16
Russia Producer Prices Fall the Least in 5 Months
Producer prices in Russia decreased 2.2 percent year-on-year in July of 2020, following a 8.3 percent slump in the previous month. It was the eleventh consecutive monthly decline in producer prices, but the softest since February, as deflation eased for mining & quarrying (-20.7 percent vs -28.1 percent in June) and manufacturing (-0.2 percent vs -2.2 percent). In addition, prices went up for both electricity, gas, steam & air conditioning (1.7 percent vs 0.1 percent) and water supply (5 percent vs 6.9 percent). On a monthly basis, producer prices fell 4.3 percent, decelerating from a 6.1 percent rise in the prior month.
2020-08-18

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.