News

Russian economy fires on all cylinders in 2002

03/01/2003

Russia’s output across the five key sectors of industry, agriculture, construction, transport and retail increased 3.7% year-on-year in the first 11 months of 2002, the country’s economic ministry has announced.

 

Of the total, agricultural output edged up by only 0.8% while capital investment increased by 2.5%.  Cargo turnover rose by 5.1% while retail turnover leapt by 9.1%. Foreign trade turnover rose 6.3% year-on-year, with exports climbing 3% and imports 13%.

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