Source Pravda.Ru

Gref posts data on industrial production growth in 2002

Industrial production growth is expected to reach about 4 percent in Russia this year compared to 2001, Russian Economic Development and Trade Minister German Gref announced at an Internet press conference today. He stated that a rise in GDP would be 4 to 4.1 percent this year instead of the planned 3.5 percent.

A rise in GDP is linked largely to a favorable external economic situation, which provided about 50 percent of this growth. Another about 30 percent of the GDP growth was provided by a rise in incomes of Russian citizens.

Returning to the issue of industrial production growth, Gref stated that the most rapid rise had been observed in the non-ferrous industry (7.7 percent in the first eleven months of 2002) and food and fuel industries (6.7 percent).

Comments
Russians lose faith in their future, get ready for worse
Argentina hides the truth about the death of San Juan submarine
Moving inexorably towards war
Presidential and midterm elections in the USA change the 'American project' entirely
USA plays to pretend a mighty dragon that can no longer breathe fire
Presidential and midterm elections in the USA change the 'American project' entirely
Brexit: The UK's misunderstanding of Democracy
Putin and Erdogan launch first section of TurkStream pipeline in Istanbul
Nagorno-Karabakh: 20,000 people killed, but no one is interested
Putin and Erdogan launch first section of TurkStream pipeline in Istanbul
Russia rips its economy apart with help from the West
Brexit: The UK's misunderstanding of Democracy
Five years after Maidan revolution, Ukraine remains one of Europe's most corrupt states
Kuril Islands dispute between Russia and Japan: The impossible is impossible
Argentina hides the truth about the death of San Juan submarine
Kuril Islands dispute between Russia and Japan: The impossible is impossible
Putin and Erdogan launch first section of TurkStream pipeline in Istanbul
Why Trump tries to re-industrialize America
Russians lose faith in their future, get ready for worse
Theatrical posters depicting naked dancers banned in Russian provincial city
Brexit: The UK's misunderstanding of Democracy