Don't miss

Replay


LATEST SHOWS

THE INTERVIEW

'Fake news has had almost no impact on Wikipedia'

Read more

FOCUS

Iraq: Embedded with French special forces in Mosul

Read more

ENCORE!

Dominique Dalcan: Godfather of French 90s pop returns to his roots

Read more

YOU ARE HERE

Ringing the bells of northern France

Read more

IN THE PAPERS

'Trump Administration Starts with Big Lie Over Small Thing'

Read more

BUSINESS DAILY

Samsung blames batteries for Galaxy Note 7 explosions

Read more

TALKING EUROPE

EU Transport Commissioner: 'We are preparing legislation on drones'

Read more

IN THE PAPERS

French left-wing primary: The 'two lefts' go to war

Read more

TALKING EUROPE

The problem with posted workers: Free movement or free labour?

Read more

Business

Moscow expects sharp fall in industrial output

Latest update : 2009-03-18

The Russian government forecasts a 7.4% fall in the country's industrial output in 2009, with metal production estimated as taking the biggest hit. Last year, industrial output grew by 2.1%.

AFP - Russian industrial production is forecast to plunge 7.4 percent in 2009 after falling 13.2 percent in February alone on a 12-month comparison, the government said on its website on Wednesday.
  
Metal production, building materials and machinery would be hardest hit, it said.
  
Industrial output grew by a sluggish 2.1 percent in 2008, slowing sharply from 6.3 percent the previous year, according to the federal statistics agency Rosstat.
  
In January this year it fell by a massive 16 percent compared to the same month a year ago, the sharpest decline in 15 years, the government said.
  
Wednesday's statement came on the eve of a government meeting to review economic forecasts for this year.

Date created : 2009-03-18

COMMENT(S)