Add to favorite
 
123
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS


Ministry of Economic Development: Industrial Production Is Falling
September 5, 2015 11:06


(Source: http://dzerjinsk.ru/news/?page=311)

Industrial production in Russia fell by 4.7 percent in July, as compared to the same month of last year.

At the same time, it increased to 2.3 percent, as compared to June 2015. The corresponding information is contained in the report of the Ministry of Economic Development. Due to the worsening expectations of the companies’ investment activity and the recovery of demand, the agency revised its forecast concerning the industrial production at the year end. The Economic Development Ministry believes that it will drop by 3 percent in 2015 (2.5 percent, according to the previous forecast).

According to the data of the Ministry, the production in mining operations is also growing (by 0.2 percent), as well as in production of electricity, gas and water (0.2 percent as well) and in the processing industries (by 0.1 percent). On August 28 the Ministry of Economic Development published the report showing that Russia’s GDP fell by 3.6 percent in January-July, as compared to the same period of last year.

Earlier, on April 21, the Prime Minister Dmitry Medvedev said that Russia had virtually no industry untouched by the sanctions. He also noted that the effects of international restrictions would be easier if the economy “had not accumulated a number of internal problems we had no time to solve”. Then Medvedev said that the measures of state support could smooth the decline in industrial production.


Sources: http://lenta.ru 

Author: Anna Dorozhkina

Tags: Industrial production     

Next Previous

You might also find interesting:

New Prohibition For Foreign Ownership In The Russian Media Neo-Stalinism Navalny Will Have To Pay 67 000 Dollars To the Multidisciplinary Processing Company Ukrainian Flag Appeared On a 26-storey Building In Moscow Nadezhda Savchenko Feels Worse









Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

Flowers Delivery

search on the map
TAGS:
Music Festivals  Yekaterinburg  Christmas fairs in Moscow  Street Art  Kaluga Region  Archeology  Russian science  Russian children  Russian history  Russian tourism  fashion designer  Moscow actions  Russian business  Exhibitions in Moscow  Sakhalin  Alexander Sokurov  Russian newspapers  Kaliningrad Region  Russian Cinema  Russian fashion  Russia international  Valery Kapterev  Alexander Chubaryan  LenExpo  Ennio Morricone  Russian Literature  Kamchatka Dog Sled Race Beringia  Flemings  aircraft  Mercedes-Benz Fashion Week Russia  Russian universities  Engels  Sakha Republic  Moscow  Okhotsk Sea  Michael Barclay de Tolly  Minister of Economic Development  Rock Painting  CSE  Mars  Karavaychuk  migration in Russia  Folk Music Festival "Red Sun"  Sotheby's  Painting  Oleg Akkuratov  Museum "Universe of Water"  Mikhail Khodorkovsky  Andrey Zvyagintsev  MTS  


Travel Blogs
Top Traveling Sites