Russia Producer Prices January 2008

The cost of goods leaving Russian factories and mines rose at a faster pace in January for the fourth consecutive month as global energy and metal prices remained high. Producer prices in the world's biggest energy exporter increased 25.2 percent, the fastest rate in 3 years, from 25.1 percent in December, the Federal Statistics Service said today. Prices rose 1.6 percent in the month, the statistics office said.



Capital investment increased an annual 19 percent in January as industrial output expanded 4.8 percent, the statistics office also said.