Leading Indicators OECD: Component series: Producer prices: Original series for the Russian Federation
RUSLOCOPPORIXNBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
207.20
Year-over-Year Change
8.82%
Date Range
1/1/1980 - 11/1/2022
Summary
The Leading Indicators OECD: Component series: Producer prices: Original series for the Russian Federation tracks changes in wholesale prices for goods produced in Russia. This metric is a key indicator of inflationary pressures and overall economic health.
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 measures the monthly change in producer prices for the Russian Federation, providing insight into the costs and pricing dynamics of the country's industrial sector. Economists and policymakers use this data to assess the state of the Russian economy and inform monetary and fiscal policy decisions.
Methodology
The data is collected through surveys of Russian companies and calculated as an index relative to a base year.
Historical Context
This producer price index is a leading indicator used to anticipate changes in consumer inflation and overall economic activity.
Key Facts
- The base year for this index is 2015 = 100.
- Producer prices in Russia have risen over 30% since 2015.
- This metric is released monthly by the OECD.
FAQs
Q: What does this economic trend measure?
A: This series tracks changes in the wholesale prices of goods produced in Russia, providing insight into inflationary pressures and production costs in the industrial sector.
Q: Why is this trend relevant for users or analysts?
A: The Russian producer price index is a key leading indicator that economists and policymakers use to assess the state of the Russian economy and inform monetary and fiscal policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Russian companies and calculated as an index relative to a base year.
Q: How is this trend used in economic policy?
A: This producer price index is used to anticipate changes in consumer inflation and overall economic activity, informing the policies of the Central Bank of Russia and other government institutions.
Q: Are there update delays or limitations?
A: The data is released monthly by the OECD with no significant update delays.
Related Trends
Value of Exports to Russia from Pennsylvania
PARUSA052SCEN
Balance of Payments: Other Investment: Liabilities (or Net Incurrence of Liabilities) for Russia
RUSB6FAOI03CXCUQ
Nonfinancial Corporate Bonds to Total Bonds and Notes Outstanding for Russian Federation
DDAM03RUA156NWDB
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Russia
RUSCP070000IXOBM
Total Credit to Households and NPISHs, Adjusted for Breaks, for Russia
QRUHAMXDCA
Consumer Price Index: Education (COICOP 10): Total for Russia
RUSCP100000IXNBQ
Citation
U.S. Federal Reserve, Leading Indicators OECD: Component series: Producer prices: Original series for the Russian Federation (RUSLOCOPPORIXNBM), retrieved from FRED.