Industrial Production Dynamics in Q4 2019

Andrey S. Kaukin – Head of Department for System Analysis of Sectoral Markets of the Russian Presidential Academy of National Economy and Public Administration; Head of Sectoral Markets and Infrastructure Department of the Gaidar Institute, Candidate of Economic Sciences (Moscow, Russia). Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Eugenia M. Miller – Senior Researcher of the Russian Presidential Academy of National Economy and Public Administration (Moscow, Russia). Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

As seen by the period-end results of Q4 2019, the manufacturing and extractive sectors of the Russian economy once again displayed a near-zero growth, while production of electric energy, gas and water declined. Growth slowdown in the extractive sector occurred as a result of the implementation of the OPEC+ deal concerning daily oil production cuts, coupled with shrinking demand for Russia’s natural gas and coal exports. Growth in the manufacturing sector was displayed by the food industry, chemical production, and metallurgy.

Key words: industry, economic sectors, mining industry and manufacturing, Rosstat.