Russian industrial production increases ...News

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Russian industrial production increases
Output bounced back in April from the impact of Western sanctions, statistics show Russia’s industrial output soared 5.2% in April compared to the same period last year, the country’s statistics service Rosstat reported on Wednesday. Production grew by 0.6% from January to April as the country bounced back from a period during which industry was left reeling from the initial impact of Western sanctions, data shows. Output was down 5% in month-on-month terms but, taking into account seasonal factors, it rose 1.7% compared to March, according to Rosstat. The industrial production index had been declining for almost

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