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Producer Prices Change

Producer’s Price Index is an average of change in the prices that were sold to producers in order to provide products on services to consumers. This measure is calculated by Federal State Statistics Service. A high value means a rise in prices of goods that tends to raise inflation values as measured by the Consumer Price Index.

 Russian Producer Price Index

Russian Producer Price Index declined on a yearly basis for May 2017 by 22.37% compared to previous month’s value. Results were reported at 5.9%, tumbling from previous month’s value of 7.6%. Producer Prices Change in Russiapeaked at an all-time high point of33.70% in July of 2008and hit rock-bottom at-12.30% in July of 2009.