According to data from the Central Statistical Bureau, manufacturing output in February 2025 fell by 0.1% against February 2024 on unadjusted data, but rose by 4.2% on calendar-adjusted data. Across the first two months of the year as a whole, manufacturing production volumes were 0.8% higher than in the corresponding period a year earlier (on unadjusted data).

Development trends continue to differ across the industry's sub-sectors. In February this year, on an annual basis and on unadjusted data, the most significant positive contribution to manufacturing came from the food industry (+5.1%) and the rubber and plastics sector (+34.4%). Production also rose in non-metallic mineral products (+5.7%), paper products (+6.9%) and equipment and machinery (+2.5%). By contrast, output fell substantially in the chemical industry (-24.6%), fabricated metal products (-8%) and electrical equipment (-8.9%).

In February, manufacturing turnover at current prices fell by 0.2% year on year, driven by a 3.2% drop in the volume of products sold on the domestic market. Volumes of products sold for export, meanwhile, were 1.3% higher than a year earlier. The strongest growth was in sales of food products, rubber and plastics, and non-metallic mineral products.

Manufacturing growth rates are expected to be positive in most months this year. Export opportunities will continue to shape them. Difficulties will persist for those companies that were, or still are, tied to the markets of Russia and other CIS countries. In this situation they will have to keep looking for new supply options and new markets for their goods. Industries oriented towards the domestic market will be affected by consumers' purchasing power.