Producer Prices Index: Type of Goods: Investments Goods: Domestic for Russia
Quarterly
RUSPITGVG02GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.67
Year-over-Year Change
204.55%
Date Range
1/1/2015 - 10/1/2021
Summary
The Quarterly Gross Value Added (GVA) by Industry measures the total economic output of the Russian Federation, broken down by major industry sectors. It is a key macroeconomic indicator used to track Russia's economic performance and productivity.
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
Gross Value Added (GVA) represents the value of goods and services produced by an industry, less the cost of raw materials and other inputs used in production. The Quarterly GVA by Industry provides a detailed snapshot of the relative contributions of different sectors to the overall Russian economy.
Methodology
The data is collected through business surveys and compiled by the Russian Federal State Statistics Service (Rosstat).
Historical Context
Policymakers and economists use this data to assess the health and composition of the Russian economy, informing economic and industrial policies.
Key Facts
- GVA measures the value added by each industry to the overall economy.
- The data is released quarterly by the Russian Federal State Statistics Service.
- Key sectors include manufacturing, energy, finance, and public administration.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Gross Value Added (GVA) by Industry measures the total economic output of the Russian Federation, broken down by major industry sectors.
Q: Why is this trend relevant for users or analysts?
A: This data is a key macroeconomic indicator used to track Russia's economic performance and productivity, informing policymakers and economists about the health and composition of the Russian economy.
Q: How is this data collected or calculated?
A: The data is collected through business surveys and compiled by the Russian Federal State Statistics Service (Rosstat).
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to assess the health and composition of the Russian economy, informing economic and industrial policies.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Russian Federal State Statistics Service, with typical update delays of several months.
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Citation
U.S. Federal Reserve, Quarterly Gross Value Added (GVA) by Industry (RUSPITGVG02GPQ), retrieved from FRED.