Production: Industry: Total Industry Excluding Construction for Russia

PRINTO01RUA657S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

5.33

Year-over-Year Change

-149.77%

Date Range

1/1/1994 - 1/1/2021

Summary

The 'Production: Industry: Total Industry Excluding Construction for Russia' trend measures the output of the Russian industrial sector, excluding the construction industry. This metric is a key indicator of the overall health and productivity of the Russian economy.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

This series represents the monthly index of industrial production in Russia, encompassing manufacturing, mining, and utilities, but excluding the construction sector. It is a widely tracked economic indicator used by policymakers, analysts, and businesses to gauge the strength and direction of Russia's industrial activities.

Methodology

The data is collected and calculated by the Russian Federal State Statistics Service based on surveys of industrial enterprises.

Historical Context

This industrial production index is closely monitored by the Central Bank of Russia and other government agencies to inform economic policies and decision-making.

Key Facts

  • Russia is one of the world's largest industrial economies.
  • The industrial sector accounts for over 30% of Russia's GDP.
  • Manufacturing makes up the largest component of Russian industrial output.

FAQs

Q: What does this economic trend measure?

A: This trend measures the monthly index of industrial production in Russia, excluding the construction sector. It covers manufacturing, mining, and utilities.

Q: Why is this trend relevant for users or analysts?

A: This industrial production index is a key indicator of the overall health and direction of the Russian economy, providing insights into the strength of the country's industrial activities.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the Russian Federal State Statistics Service based on surveys of industrial enterprises.

Q: How is this trend used in economic policy?

A: The industrial production index is closely monitored by the Central Bank of Russia and other government agencies to inform economic policies and decision-making.

Q: Are there update delays or limitations?

A: The data is released on a monthly basis, with a typical delay of 4-6 weeks from the end of the reference period.

Related Trends

Citation

U.S. Federal Reserve, Production: Industry: Total Industry Excluding Construction for Russia (PRINTO01RUA657S), retrieved from FRED.