The Russian Statistics Service announced positive figures for most of the industries, with an overall production growth at 6.9% on year in June, the highest growth since November, 2004 (12.5%). The half-year ends with 4% annual gains. In particular, mining operations stepped up 1.4% on year; processing industries rose 5.6 percent; electric energy/gas/water production and distribution climbed 1.8 percent. As a whole, the June indicators have substantially improved vs. June of 2004 at 3%.
The output of alcoholic beverages slid to 56.3 million decaliters in the 1H (10.4% dn compare to last year), while the cigarette production grew 5% to 186 billion cigarettes. Bread and bakery dipped 4.9% to 3.8 million tons, meat output edged up 1.1% to 854,000 tons.
The sewing industry was traditionally down – 14.3% this time in knitwear, 24.8% in coat tailoring. Car production waned 6.5% to 501,000 cars.
The major source of national welfare, crude/mining production either dropped or rose insignificantly in the 1H. In particular, crude/gas condensate production totaled 230m tons in Jan-June, only 2.7% up; gas production grew 0.9% to 324 billion cubic meters; coal output gained 2.6% to 143 million tons. Iron ore production slid 0.2% to 47.6 million tons. The aggregate industrial figures are 10.9% on year and 16.5% on month.
Source: www.kommersant.ru