Production: Manufacturing: Total Manufacturing for Russia
RUSPRMNTO01GYSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.50
Year-over-Year Change
-55.19%
Date Range
1/1/2000 - 12/1/2021
Summary
This trend measures total manufacturing production in Russia, a key indicator of the 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
The Manufacturing Production Index tracks the monthly output of Russia's manufacturing sector, covering a wide range of industries including automotive, food processing, and heavy machinery. This metric provides valuable insights into the overall strength and dynamics of the Russian industrial base.
Methodology
The data is collected through surveys of manufacturing facilities and compiled by Russia's Federal State Statistics Service.
Historical Context
Policymakers and analysts closely monitor Russian manufacturing as it represents a significant portion of the country's GDP and exports.
Key Facts
- Manufacturing accounts for over 15% of Russia's GDP.
- Russia is a major global producer of metals, machinery, and other industrial goods.
- The manufacturing sector employs over 10 million people in Russia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total output of Russia's manufacturing sector, covering a wide range of industries such as automotive, food processing, and heavy machinery.
Q: Why is this trend relevant for users or analysts?
A: Manufacturing is a crucial component of the Russian economy, and this metric provides valuable insights into the health and performance of the industrial base.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing facilities and compiled by Russia's Federal State Statistics Service.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor Russian manufacturing as it represents a significant portion of the country's GDP and exports.
Q: Are there update delays or limitations?
A: The data is typically released with a 1-2 month delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Production: Manufacturing: Total Manufacturing for Russia (RUSPRMNTO01GYSAM), retrieved from FRED.