Install

Get the latest updates as we post them — right on your browser

Today's paper. Last Updated: 06/01/2012

Production Plummets

Russia's industrial output continued to plummet at record levels in February, falling by 24.1 percent against the same period for last year, Interfax reported Tuesday.


According to the State Statistics Committee, the total output for January and February fell by 23. 6 percent. The production of tractors fell by 80 percent as compared to the same period in 1993, and cars by 40 percent.


The engineering industry was worst affected, with its output falling 48 percent from the same period last year, and output in the chemical, paper, pulp and timber industry dropped by 30-5 percent. Light industry output was also badly affected, falling by 32 percent.


The committee said that factory stoppages had led to the decrease in output 4,280 factories suffered stoppages in February, up from 2,407 in October.




This article has no comments.

Be the first to leave a comment


Discussion
The Moscow Times welcomes your comments and invites you to discuss topics with other readers. Your comment will be posted automatically to enable a live discussion. If you aren't familiar with our comments policy, you can read it here.

If you're a registered user, you can start typing your comment below. If not, take a moment to sign up. and then return to the article.

If your comment doesn't appear, contact us by using our web form.

Comments

Comments via Facebook



print


Comments

This article has no comments.

Be the first to leave a comment





Most Read
 

12 Years Ago Today the Church Moved Closer to Canonization

Array
Ending years of impassioned discussions that have at times threatened to split the Russian Orthodox Church, officials said this week that the church will canonize Tsar Nicholas II and his family in August.