Russia's Industrial Production to Grow 7 Percent in H1
The Russian Economic Development and Trade Ministry forecasts that industrial production in the country will grow 7 percent in the first half of 2004. This forecast is contained in a report on the economic situation in the country in January-May.
Growth in industrial production in January-September is forecast at 6.4 percent year-on-year and for the entire year - 6.3 percent.
The largest growth in production is expected in machine building: 13.9 percent in January-June, 12.4 percent in January-September and 11 percent for the year. - (EMEconomy.com)
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