Producer prices in Russia rose by 3.9% from the previous year in November of 2024, picking up from the one-year low of 2.7% in the earlier month to mark the first acceleration in producer prices since February as base effects fade. Inflation was carried by higher costs for manufacturers (7.4% vs 7.1% in October), which make up for the heaviest weight of the price basket, in addition to utility providers (14.5% vs 13.3%). In turn, deflation softened for miners (-7.9% vs -11%). From the previous month, producer prices rose by 1%, rebounding from the 0.6% drop in October. source: Federal State Statistics Service

Producer Prices in Russia increased 3.90 percent in November of 2024 over the same month in the previous year. Producer Prices Change in Russia averaged 10.14 percent from 2005 until 2024, reaching an all time high of 35.30 percent in May of 2021 and a record low of -14.14 percent in May of 2020. This page provides - Russia Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on January of 2025.

Producer Prices in Russia increased 3.90 percent in November of 2024 over the same month in the previous year. Producer Prices Change in Russia is expected to be 7.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-11-20 04:00 PM
PPI YoY
Oct 2.7% 5.6% 5.0%
2024-12-18 04:00 PM
PPI YoY
Nov 3.9% 2.7% 2.5%
2025-01-20 04:00 PM
PPI YoY
Dec 3.9% 4.4%


Related Last Previous Unit Reference
Consumer Price Index CPI 269.30 265.40 points Nov 2024
Core Consumer Prices 109.40 109.20 points Nov 2024
Core Inflation Rate 8.28 8.18 percent Nov 2024
Food Inflation 9.85 9.00 percent Nov 2024
GDP Deflator 134.26 133.46 points Sep 2024
Inflation Rate YoY 8.90 8.50 percent Nov 2024
Inflation Rate MoM 1.40 0.80 percent Nov 2024
PPI MoM 1.00 -0.60 percent Nov 2024
Producer Prices 316.80 313.70 points Nov 2024
PPI YoY 3.90 2.70 percent Nov 2024

Russia Producer Prices Change
Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.
Actual Previous Highest Lowest Dates Unit Frequency
3.90 2.70 35.30 -14.14 2005 - 2024 percent Monthly
NSA


News Stream
Russia Producer Prices Accelerate
Producer prices in Russia rose by 3.9% from the previous year in November of 2024, picking up from the one-year low of 2.7% in the earlier month to mark the first acceleration in producer prices since February as base effects fade. Inflation was carried by higher costs for manufacturers (7.4% vs 7.1% in October), which make up for the heaviest weight of the price basket, in addition to utility providers (14.5% vs 13.3%). In turn, deflation softened for miners (-7.9% vs -11%). From the previous month, producer prices rose by 1%, rebounding from the 0.6% drop in October.
2024-12-18
Russian Producer Inflation Slows
Producer prices in Russia rose by 2.7% from the previous year in October of 2024, slowing from the 5.6% increase in the previous month to mark the softest producer inflation rate since June 2023. Producer prices fell sharply on an annual basis for miners (11%), offsetting sharp increases for manufacturers (7.1%), utility providers (13.3%), and water and waste collectors (5.5%). From the previous month, the slump in mining costs drove the PPI to ease by 0.6%.
2024-11-20
Russian Producer Inflation Falls to 1-Year Low
Producer inflation in Russia fell to 5.6% in September of 2024 from 10.2% in the previous month, the seventh consecutive decrease to the lowest since July 2023. The slowdown in producer prices was owed to a swing in the cost for miners (-2.2% vs 10.5% in August). Additionally, costs slowed for manufacturers (7.8% vs 10%) but picked up for utility providers (12.5% vs 11.3%). From the previous month, Russian producer prices advanced by 0.5%.
2024-10-16