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Industrial Production Has Fallen Second Time for the Last Three Month
18.10.2011 13:00
Industrial Production Has Fallen Second Time for the Last Three Month


In September 2011 the industrial production in Russia including seasonal factors has reduced on 0.3% in comparison with August, and without seasonal factors on 0.8%, reports Federal State Statistics Service in its press release. By September 2010, the growth has made up 3.9%.

In August, the growth made up 0.4 % in monthly calculation, and in July the falling was 0.2%.

In general, the growth for the period January- September has made up 5.3 % to the same period last year. According to the forecast of the Ministry of Economic Development of the Russian Federation the industrial growth may reach 4.8 % in 2011.

For the period January – September the growth in extracting the major natural recourses in physical volume was fixed. The biggest growth in 8.3 % was registered in production iron-ore concentrate. The results in manufacturing industry vary. Cars were produced on 1.5 % more than for the nine months last year, but trolleybuses were produced on 37% less.

Author: Irina Fomina

Tags: Russian business Russian production    

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