Fédération de Russie Production Industrielle

Russia's industrial output climbed by 3.7% year-on-year in December 2025, after a revised 0.4% increase in November, beating analysts’ forecast of a 1% drop. This marked the strongest increase in industrial activity since December 2024, thanks to manufacturing (7.8% vs 1% in November), notably the production of other vehicles and equipment (+28.6%); tobacco products (+25.9%) and finished metal products, except machinery and equipment (+21.5%). On the other hand, output declined for mining (-2.8% vs 0.4%); electricity, gas, steam, and air-conditioning supply (-0.7% vs -3.4%) and water and sanitation services (-6.2% vs -3.2%). On a monthly basis, industrial production surged by 19%, following a 2.6% slump in the prior month. Considering the full year of 2025, industrial output rose by 1.3%, down markedly from a 5.1% jump in the previous year and below the government's forecast of 1.5%.