Russian Federation - Industrial Production





Russian Federation: Industrial Production

Mnemonic IP.IRUS
Unit Vol. Index 2017=100, NSA
Adjustments Not Seasonally Adjusted
Monthly 0 %
Data Sep 2020 103.2
Aug 2020 103.2

Series Information

Source Federal State Statistics Service (Rosstat)
Release Indices of industrial production
Frequency Monthly
Start Date 1/31/1995
End Date 9/30/2020

Russian Federation: Business

Reference Last Previous Units Frequency
Industrial Production Sep 2020 103.2 103.2 Vol. Index 2017=100, NSA Monthly
Change in Inventories 2020 Q2 1,113 436.2 Bil. RUB, NSA Quarterly

Release Information

The industrial production index for Russia covers mining, manufacturing and utilities. The monthly index is presented in several analytic forms, and starts at 2000. The annual index includes OKVED detail and starts at 1992.

  • Industry classification: OKVED2
  • Measurements:
    • Fixed-base volume index relative to 2017 (Vol. Index 2017=100)
    • Moving-base value index relative to previous month (Index prv. mo.=100)
    • Moving-base value index relative to corresponding period of previous year (Index CPPY=100)
  • Adjustments:
    • Calendar day adjusted and seasonally adjusted (CDASA)
    • Not seasonally adjusted (NSA)
  • Native frequency: Monthly
  • Start dates:
    • Fixed-base index reported from 2018m1, extended to 1995m1
    • Moving-base indexes from 2015m1

The index of production is a relative indicator characterising changes in the production output over comparable periods. There are individual and aggregate indices of industrial production. The individual index reflects changes of one product output and is calculated as a ratio of production volume of this type of product in quantity terms in the comparable periods. The aggregate index of production characterises integrated changes in production of all types goods and products and reflects changes of the value generated in the process of production as a result of only quantitative changes of physical volume of production.

To compute the aggregate index of industrial production, individual indices for definite types of production are aggregated stage by stage into indices of kinds of economic activities, subgroups, groups, subclasses and classes, subsections and sections. Index of industrial production is aggregated index by kinds of activities "Mining and quarrying", "Manufacturing", "Electricity, gas and water production and supply". To ensure the definition of production indices, the base year generated data acts as a weight in index calculation.

This compilation was prepared by Rosstat on the basis of data obtained by state statistics from enterprises and organizations, through censuses, sample surveys and other forms of statistical monitoring, as well as materials of international organizations.

Classification:

  • Originally OKPD aka OKPD-2007, OKVED
  • Reclassified in 2017 to OKPD-2, OKVED2

Moody's Analytics supplements

We extend the history of headline volume indexes.

No.

The fixed-base indexes are rebased annually.

Moody's Analytics archives the moving-base indexes in conjunction with the fixed-base indexes.

Further reading

At IMF (SDDS):