Since the economic reforms in the 1990s, Russia has moved toward a globally integrated economy from an isolated, centrally planned one. As a resource-rich country, Russia’s fortunes are closely tied to commodity prices and therefore the ups and downs of global industrial growth.

Amid an unfolding global economic slowdown, ECRI’s new Russian Leading Industrial Production Index, which is designed to predict turning points in Russian industrial production, provides nuanced insights into the cyclical outlook for Russia’s industrial sector.