Production: Mining: Total for Russia
Annual, Seasonally Adjusted
PRMITO01RUA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
109.99
Year-over-Year Change
21.21%
Date Range
1/1/1999 - 1/1/2021
Summary
This series measures the annual, seasonally adjusted total industrial production index for Russia. It is a key indicator of economic activity and a vital metric for policymakers and analysts monitoring 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
The industrial production index tracks changes in the total output of factories, mines, and utilities in Russia. It is a comprehensive measure of economic health and a leading indicator of overall economic trends. Analysts and policymakers use this data to assess the strength and direction of the Russian industrial sector.
Methodology
The data is collected and calculated by the Central Bank of Russia based on surveys of industrial enterprises.
Historical Context
The industrial production index informs economic policy decisions and helps financial markets assess the state of the Russian economy.
Key Facts
- Russia is one of the world's largest industrial economies.
- Manufacturing accounts for over 15% of Russia's GDP.
- The industrial production index is released monthly by the Central Bank of Russia.
FAQs
Q: What does this economic trend measure?
A: This series measures the annual, seasonally adjusted total industrial production index for Russia, which tracks changes in the output of factories, mines, and utilities.
Q: Why is this trend relevant for users or analysts?
A: The industrial production index is a key indicator of economic activity and a vital metric for policymakers and analysts monitoring the strength and direction of the Russian industrial sector.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Central Bank of Russia based on surveys of industrial enterprises.
Q: How is this trend used in economic policy?
A: The industrial production index informs economic policy decisions and helps financial markets assess the state of the Russian economy.
Q: Are there update delays or limitations?
A: The industrial production index is released monthly by the Central Bank of Russia with minimal delays.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (PRMITO01RUA661S), retrieved from FRED.