Open

Coming up

Don't miss

Replay


LATEST SHOWS

MEDIAWATCH

'New York Post' slammed for publishing ISIS execution images

Read more

DEBATE

Back to Square One?

Read more

DEBATE

Israel-Gaza: Back to Square One?

Read more

DEBATE

Israel-Gaza conflict: 72-hour ceasefire deal sets stage for Cairo talks

Read more

WEB NEWS

Web users divided over Darren Wilson

Read more

FOCUS

Spain's El Hierro to become world's first self-powered island

Read more

IN THE PAPERS

A bellwether for what not to do

Read more

ENCORE!

Luc Besson back in action with Scarlett Johansson in 'Lucy'

Read more

FOCUS

Israel's minorities and military service

Read more

  • US forces tried to rescue slain reporter from IS captors

    Read more

  • Thailand coup leader Prayuth Chan-ocha voted prime minister

    Read more

  • Interactive: Relive the Liberation of Paris in WWII

    Read more

  • US attorney general visits Missouri town after fatal shooting

    Read more

  • French village rallies behind besieged elderly British couple

    Read more

  • Brazil’s Silva launches bid after Campos plane crash death

    Read more

  • Netanyahu compares Hamas to IS, Gaza offensive to continue

    Read more

  • Brutal IS beheading video sparks social media pushback

    Read more

  • France’s ex-PM Juppé sets up presidential clash with Sarkozy

    Read more

  • France’s Hollande says global security ‘worst since 2001’

    Read more

  • France urges Iran, others in region, to join fight against IS

    Read more

  • A new view on Normandy landings, 70 years on

    Read more

  • Dozens killed as landslides strike Japan’s Hiroshima

    Read more

  • Suspected Ebola cases in Austria, new drug raises hopes

    Read more

  • WWII anniversary highlights best - and worst - of Paris police

    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)