Producer Prices Index: Type of Goods: Intermediate Goods: Domestic for Russia
Quarterly
RUSPITGIG02GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.10
Year-over-Year Change
14.81%
Date Range
1/1/2015 - 10/1/2021
Summary
The Quarterly trend measures the quarterly gross domestic product (GDP) growth rate in Russia. This key economic indicator provides insight into the overall health and performance 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
The Quarterly GDP growth rate tracks the quarter-over-quarter change in the total value of goods and services produced within Russia. This metric is widely used by economists, policymakers, and investors to assess economic conditions and guide policy decisions.
Methodology
The data is collected and calculated by the Russian Federal State Statistics Service (Rosstat).
Historical Context
The Quarterly GDP growth rate is a crucial input for evaluating Russia's macroeconomic performance and informing monetary and fiscal policies.
Key Facts
- Russia is the largest country in the world by land area.
- The Russian economy is heavily dependent on oil and natural gas exports.
- The Quarterly GDP growth rate is a key metric for monitoring the health of the Russian economy.
FAQs
Q: What does this economic trend measure?
A: The Quarterly trend measures the quarter-over-quarter change in the total value of goods and services produced within Russia, also known as the gross domestic product (GDP) growth rate.
Q: Why is this trend relevant for users or analysts?
A: The Quarterly GDP growth rate is a crucial indicator of the overall health and performance of the Russian economy, providing important insights for economists, policymakers, and investors.
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: The Quarterly GDP growth rate is a key input for evaluating Russia's macroeconomic performance and informing monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The Quarterly GDP growth rate data is typically released with a short delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Quarterly (RUSPITGIG02GPQ), retrieved from FRED.