Russian producer prices fell 5% from the previous year in January of 2026, the most since April 2023, amid a weakening Russian economy and base effects from higher commodity prices. Producer Prices Change in Russia averaged 9.69 percent from 2005 until 2026, 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. source: Federal State Statistics Service

Producer Prices in Russia decreased 5 percent in January of 2026 over the same month in the previous year.

Producer Prices in Russia decreased 5 percent in January of 2026 over the same month in the previous year. Producer Prices Change in Russia is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Producer Prices Change is projected to trend around 4.10 percent in 2027 and 4.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-28 04:00 PM
PPI YoY
Dec -3.3% -1.1% -1.0%
2026-02-18 04:00 PM
PPI YoY
Jan -5% -3.3% -0.2%
2026-03-18 04:00 PM
PPI YoY
Feb -5% 1.2%


Related Last Previous Unit Reference
Consumer Price Index CPI 292.70 288.10 points Jan 2026
Core Consumer Prices 100.95 100.37 points Jan 2026
Core Inflation Rate 5.43 5.44 percent Jan 2026
Food Inflation 5.88 5.24 percent Jan 2026
GDP Deflator 143.12 138.26 points Sep 2025
Inflation Rate YoY 6.00 5.60 percent Jan 2026
Inflation Rate MoM 1.60 0.30 percent Jan 2026
PPI MoM -2.50 -1.60 percent Jan 2026
Producer Prices 308.50 313.30 points Dec 2025
PPI YoY -5.00 -3.30 percent Jan 2026


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
-5.00 -3.30 35.30 -14.14 2005 - 2026 percent Monthly
NSA

News Stream
Russia Producer Prices Fall the Most in 2-1/2-Years
Producer prices in Russia fell by 1.1% year-on-year in November 2025, marking the steepest decrease since May 2023, following a 0.7% rise in the previous month. Mining costs continued to plunge (-14.7% vs -11.4% in October), driven by declines in natural graphite (-17.1%), sea salt (-7.7%), dehydrated, desalted, and stabilized oil (-7.0%), iron ore concentrate (-5.5%), and bentonites (bentonite clays) (-5.4%). On the other hand, prices increased for electricity, gas and steam, air conditioning (14.1% vs 15.4%); water supply, sanitation and waste collection (7.5% vs 7.2%) and manufacturing (0.9% vs 2.3%). On a monthly basis, the producer price index fell by 0.9%, after a similar increase in the previous month.
2025-12-17
Russian Producer Prices Rebound Sharply
Producer prices in Russia rose by 0.7% from the previous year in October of 2025, rebounding from the deflation rate of 0.4% in the previous month as waning base effects drove prices to rise the most since April. Producer costs accelerated for manufacturing industries (2.3% vs 1.3% in September), and wastewater management (7.2% vs 6.6%), while dropping- less for mining (-11.4% vs -13.9%). In turn, inflation slowed for the provision of electricity, gas, and steam (15.4% vs 17.9%). From the previous month, producer prices rose 0.9%.
2025-11-19
Russia Producer Prices Fall in September
Producer prices in Russia fell by 0.4% from the previous year in September 2025, following a 0.4% increase in the prior month. Costs continued to decline for mining (-13.9% vs -14% in September), but increases in electricity, gas and steam; air conditioning (17.9% vs 14.9%); water supply; sanitation, waste collection and disposal, pollution control activities (6.6% vs 4.7%) and manufacturing (1.3% vs 1.9%) helped cushion the overall drop. On a monthly basis, producer prices rose by 0.5% in September, slowing from a 1.1% increase in the prior month.
2025-10-22