Rosstat: industrial production grew by 1.7% in June – News Economy

Print Industrial production in Russia in June increased by 1.7% compared with the same month in 2015, after rising 0.7% in May, an increase of 0.5% in April, lower by 0.5% in March, an increase of 1% in February and falling 2.7% in January, Rosstat reported on Thursday. in the first half of 2016, industrial production increased by 0.4% over the same period in 2015 , the

industry data were much better than economists’ expectations. The consensus forecast of analysts polled by “Interfax” at the end of June, provided the growth of industrial production for the month by 0,9%.

With the exception of seasonal and calendar factors, the industry grew by 0.3% in June after falling 0 , 3% in May, unchanged for April, rising 0.4% in March, 0.1% in February and a decrease of 0.2% in January.

in June, mining increased by 1.6% after rising 1.5% in May (in January-June growth of 2,6%).

the manufacturing sector for the third month in a row showed an increase (in April, growth was recorded for the first time since the beginning of 2015 g). In June, an increase of 1.6% after rising 0.3% in May and by 0.6% in April (6 months 0.9% reduction).

Production and distribution of electricity, gas and water, which is highly dependent on weather factors, in June rose by 2.0% after rising 2.1% in May (for the first half – an increase of 0,4%)

natural gas production. (natural gas) in June increased by 0.1% after falling 5.7% in May (6 months 2.1% reduction), oil production increased by 0.6% after rising 1.2% in May (for 6 months an increase of 2.9% to 272 million tonnes). Coal production rose in June by 6.9% after rising 6.1% in May (for the first half growth of 5,6%).

Production of passenger cars decreased by 5.3% in June after . growth of 4.1% in May

steel production grew by 2.5%, rolled products – by 3,1%

electricity production in Russia grew in June at 1. 4%, heat -. to 3,7%

the consensus forecast of analysts polled by “Interfax” at the end of June, assumes zero growth of industrial production in Russia this year. Economic Development Ministry also officially expects zero dynamic industry for the year, but in the middle of June, the head of department Alexei Ulyukayev said that the growth of industrial production in Russia in 2016 may be higher than forecast and make 0.4-0.5%.