Industrial production in Russia has grown

12:10 - 25.07.2024


July 25, Fineko/abc.az. Industrial production in Russia increased in the 1st half of the year against the 2023 same term.

ABC.AZ reports that the industrial production in the neighboring country grew by 4.4% in the 1st half of the year compared with the relevant period of 2023.

Russia's manufacturing industry grew by 8% over the period.

Experts emphasize the significant growth in the production of the Russian defense industry, in particular, after the war in Ukraine.

The departure of many Western companies from Russia and their replacement by local companies have played a role in increasing industrial production.