17.12.202516:41:01UTC+00Russia Producer Prices Fall the Most in 2-1/2-Years

In November 2025, Russia saw a notable decline in producer prices, which fell by 1.1% compared to the same period the previous year. This marks the most significant drop since May 2023, following a 0.7% increase observed in October. The mining sector experienced substantial cost reductions, with a marked decline of 14.7%, down from 11.4% in the preceding month. This decrease was influenced by reduction in prices for commodities such as natural graphite (-17.1%), sea salt (-7.7%), dehydrated, desalted, and stabilized oil (-7.0%), iron ore concentrate (-5.5%), and bentonite clays (-5.4%). Conversely, there were price increases in other sectors: electricity, gas, and steam, including air conditioning saw a rise of 14.1%, although this was slightly down from the previous month's 15.4%. Prices also went up in the areas of water supply, sanitation, and waste collection (7.5%, compared to 7.2% earlier), and manufacturing showed a modest increase of 0.9%, down from 2.3%. On a monthly scale, the producer price index experienced a decline of 0.9%, reversing the pattern of growth from the previous month.