Mnemonic | PPI.IRUS | |
---|---|---|
Unit | Index prv. mo.=100, NSA | |
Adjustments | Not Seasonally Adjusted | |
Monthly | 1.75 % | |
Data | Jan 2024 | 98.6 |
Dec 2023 | 96.9 |
Source | Federal State Statistics Service (Rosstat) |
Release | Producer Price Index [Detail] |
Frequency | Monthly |
Start Date | 1/31/2002 |
End Date | 1/31/2024 |
Reference | Last | Previous | Units | Frequency | |
---|---|---|---|---|---|
Producer Price Index (PPI) | Jan 2024 | 98.6 | 96.9 | Index prv. mo.=100, NSA | Monthly |
Consumer Price Index (CPI) | Nov 2021 | 205.5 | 203.5 | Index 2010=100, NSA | Monthly |
Measure of change in the prices of a fixed set of representative products of constant quantity and quality for all producer units. Data are disseminated on the producer price index (PPI), a Laspeyres index (2000=100), covering the total geographic area of the Russian Federation.
The PPI is calculated by types of economic activities in accordance with the OKVED 2 - All-Russian Classification of Types of Economic Activities, which is harmonized with NACE, Rev. 2 for sections: B "Mining and Quarrying", C "Manufacturing", D "Electricity, Gas, Steam and Air Conditioning Supply", E "Water Supply; Severage, Waste Management and Remediation Activities " and is broken down by the largest classes, subclasses, groups and subgroups.
The source of the data is a monthly establishment survey. The index is calculated based on approximately 25,000 price quotations collected by more than 7,000 organizations on more than 800 representative products on the 20th day of the reference month. Prices of products intended for sale in the domestic market (not including value-added taxes (VAT), excise taxes, and other taxes that are not included in production costs, free departure station) are recorded.
Weights are derived from industry survey data on production output in value terms at current prices for the base year for the full range of organizations. Weights for calculating the PPI are revised annually when the PPI for January of the reference year is calculated. The base year is the year preceding the previous year. The frequency with which the index is re-based has not been determined.
The data are not seasonally adjusted.
Classification: The present PPI is based on the OKVED 2 (All-Russian Classification of Economic Activities, which is harmonized with NACE, Rev. 2) and covers all of the mining, manufacturing and energy industries and no other sections of OKVED 2. The Rosstat also produces other producer price indices, including, agricultural products, forestry, fishing, construction, cargo transportation and communications.
Scope of the data
Source data collection programs
Source data statistical techniques
Other statistical procedures
Moody's Analytics supplements
As of 2023, because the fixed-base variants have been suspended by the source, constructed a 2010-base variant for the all-items index by using the moving-base index relative to previous period, in both NSA and SA variants.
The data are provisional when first released and are revised one year after the reference period.
Until December 2016 the data were based on the OKVED (harmonized with NACE REV. 1). Starting 2017, the data is presented in accordance with the OKVED 2 which is harmonized with NACE REV. 2.