Production: Industry: Total Industry Excluding Construction for Russia
RUSPRINTO01GYSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.55
Year-over-Year Change
107.78%
Date Range
1/1/1994 - 12/1/2021
Summary
The 'Production: Industry: Total Industry Excluding Construction for Russia' measures the volume of industrial output in Russia, excluding the construction sector. This indicator provides important insights into the overall health and trends 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 economic series tracks the production levels of Russian industries, excluding the construction sector. It is a key metric used by economists and policymakers to assess the strength and direction of Russia's industrial activity, which is a crucial driver of the country's economic performance.
Methodology
The data is collected and calculated by the Federal State Statistics Service of Russia.
Historical Context
Policymakers and market analysts closely monitor this industrial production index to gauge Russia's economic conditions and make informed decisions.
Key Facts
- Russia is one of the world's largest industrial economies.
- The industrial sector accounts for over 30% of Russia's GDP.
- Excluding construction, the industrial production index is a key barometer of Russia's economic performance.
FAQs
Q: What does this economic trend measure?
A: The 'Production: Industry: Total Industry Excluding Construction for Russia' measures the volume of industrial output in Russia, excluding the construction sector.
Q: Why is this trend relevant for users or analysts?
A: This industrial production index is a crucial indicator for assessing the strength and direction of the Russian economy, as the industrial sector is a major driver of economic growth.
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: Policymakers and market analysts closely monitor this industrial production index to gauge Russia's economic conditions and make informed decisions.
Q: Are there update delays or limitations?
A: The data is published monthly, with some potential for slight delays in release.
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Citation
U.S. Federal Reserve, Production: Industry: Total Industry Excluding Construction for Russia (RUSPRINTO01GYSAM), retrieved from FRED.