Production: Industry: Total Industry Excluding Construction for Russia
RUSPRINTO01GPSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.50
Year-over-Year Change
-53.42%
Date Range
2/1/1993 - 12/1/2021
Summary
The 'Production: Industry: Total Industry Excluding Construction for Russia' measures the output of Russian industrial sectors, excluding construction. It is a key indicator of the overall health and direction 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
This industrial production index tracks changes in the volume of goods produced by major Russian industries like manufacturing, mining, and utilities. It is used by economists and policymakers to assess the broader economic conditions and monitor industrial activity in Russia.
Methodology
The data is collected through surveys of industrial enterprises and calculated as an index with a base year of 2015.
Historical Context
This industrial production metric informs decision-making by the Central Bank of Russia and analysts tracking the Russian economy.
Key Facts
- The index uses 2015 as the base year with a value of 100.
- Industrial production accounts for about 30% of Russia's GDP.
- The metric excludes the construction sector to focus on manufacturing, mining, and utilities.
FAQs
Q: What does this economic trend measure?
A: This industrial production index tracks changes in the volume of goods produced by major Russian industries like manufacturing, mining, and utilities, excluding construction.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of the overall health and direction of the Russian economy, informing decision-making by the Central Bank of Russia and analysts tracking economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial enterprises and calculated as an index with a base year of 2015.
Q: How is this trend used in economic policy?
A: This industrial production metric is used by economists and policymakers to assess broader economic conditions and monitor industrial activity in Russia.
Q: Are there update delays or limitations?
A: The data is published with a delay, and the index may not fully capture the entire scope of industrial activity in Russia.
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Citation
U.S. Federal Reserve, Production: Industry: Total Industry Excluding Construction for Russia (RUSPRINTO01GPSAM), retrieved from FRED.