Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Russia
PRINTO01RUA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
116.66
Year-over-Year Change
49.16%
Date Range
1/1/1993 - 1/1/2021
Summary
This economic trend measures industrial production volume in Russia, excluding the construction sector. It serves as a key indicator of overall economic activity and industrial performance.
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
The Production Volume: Economic Activity: Industry (Except Construction) for Russia metric tracks the monthly changes in the output of Russian industrial firms across a range of sectors. This data is used by economists and policymakers to gauge the health and trajectory of the Russian economy.
Methodology
The data is collected through surveys of industrial enterprises and calculated by the Federal State Statistics Service of Russia.
Historical Context
This production index is closely monitored by the Central Bank of Russia and other government agencies to inform economic and monetary policy decisions.
Key Facts
- Russia is a major global industrial power.
- Manufacturing accounts for over 15% of Russia's GDP.
- Production volumes can signal shifts in consumer and business demand.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the monthly changes in the output volume of Russian industrial firms across a range of sectors, excluding construction.
Q: Why is this trend relevant for users or analysts?
A: The industrial production index is a key indicator of overall economic activity and performance in Russia, providing insights into consumer and business demand.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial enterprises and calculated by the Federal State Statistics Service of Russia.
Q: How is this trend used in economic policy?
A: This production index is closely monitored by the Central Bank of Russia and other government agencies to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly, but there may be occasional delays in reporting from the source agency.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Russia (PRINTO01RUA661N), retrieved from FRED.