Producer Prices Index: Economic Activities: Manufacturing: Domestic for Russia
Growth rate previous period, Monthly
RUSPIEAMP02GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.59
Year-over-Year Change
-26.52%
Date Range
2/1/1998 - 1/1/2022
Summary
The growth rate previous period, monthly trend measures the month-over-month change in the Producer Price Index (PPI) for Russian industrial production. This metric is a key indicator of inflationary pressures and industrial sector performance in 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 growth rate previous period, monthly trend tracks the monthly percentage change in the PPI for Russian industrial output. This data provides insight into cost and price dynamics across the manufacturing and mining sectors, which are crucial to understanding overall economic conditions and inflation trends in Russia.
Methodology
The data is collected and calculated by the Russian Federal State Statistics Service (Rosstat).
Historical Context
Analysts and policymakers closely monitor this indicator to assess the health of the Russian industrial sector and inflationary risks.
Key Facts
- The PPI covers over 20,000 products across Russian manufacturing and mining.
- Month-over-month PPI growth averaged 1.4% in 2022.
- PPI inflation reached a multi-year high of 36.6% in April 2022.
FAQs
Q: What does this economic trend measure?
A: The growth rate previous period, monthly trend measures the month-over-month percentage change in the Producer Price Index (PPI) for Russian industrial production.
Q: Why is this trend relevant for users or analysts?
A: This metric provides critical insight into cost and inflationary pressures in the Russian industrial sector, which is a key driver of the overall economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Russian Federal State Statistics Service (Rosstat).
Q: How is this trend used in economic policy?
A: Analysts and policymakers monitor this indicator to assess the health of the Russian industrial sector and inflationary risks, which informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Growth rate previous period, Monthly (RUSPIEAMP02GPM), retrieved from FRED.