Production: Manufacturing: Total Manufacturing for Russia
RUSPRMNTO01GYSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.08
Year-over-Year Change
56.79%
Date Range
1/1/2000 - 10/1/2021
Summary
The 'Production: Manufacturing: Total Manufacturing for Russia' trend measures the total output of the manufacturing sector in Russia. This metric is a key indicator of 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
This series tracks the monthly changes in manufacturing production in Russia, encompassing a wide range of industries including food processing, textiles, chemicals, machinery, and more. It provides valuable insights into the strength and trajectory of the country's industrial base and is closely monitored by economists and policymakers.
Methodology
The data is collected and calculated by the Federal State Statistics Service of Russia.
Historical Context
Manufacturing output is a critical component in assessing the broader economic conditions and policy decisions in Russia.
Key Facts
- Russia is one of the world's largest manufacturing economies.
- Manufacturing accounts for over 15% of Russia's GDP.
- This metric tracks over 15 different manufacturing sub-sectors.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total output of the manufacturing sector in Russia, encompassing a wide range of industries like food processing, textiles, chemicals, and machinery.
Q: Why is this trend relevant for users or analysts?
A: Manufacturing output is a key indicator of the overall health and performance of the Russian economy, providing valuable insights for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Federal State Statistics Service of Russia.
Q: How is this trend used in economic policy?
A: Manufacturing output is closely monitored by Russian policymakers and economists to assess the strength of the country's industrial base and make informed decisions on economic policies.
Q: Are there update delays or limitations?
A: This data is published monthly by the Federal State Statistics Service of Russia, with some potential for short delays in data availability.
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Citation
U.S. Federal Reserve, Production: Manufacturing: Total Manufacturing for Russia (RUSPRMNTO01GYSAQ), retrieved from FRED.