The volume of industrial production in the Russian Federation in January-August increased by 4.5%

190
1
AK&M 22 September 2021 20:00

The volume of industrial production in the Russian Federation in August 2021 increased by 4.7% year – on-year, for eight months-by 4.5%. This is evidenced by the data of Rosstat.

The increase in volumes compared to August 2020 was recorded in all four sectors of the economy taken into account when calculating the industrial production index. Extractive industries grew by 6.4%, manufacturing – by 3.1%, the energy sector, heat and gas supply - by 6.7%, industries related to water supply and sanitation, waste disposal and pollution elimination – by 12.4%.

The growth of industrial production in August 2021 compared to the period before the COVID-19 pandemic was 0.5% (August 2021 to August 2019). At the same time, manufacturing industries increased production volumes by 3.9% compared to the same period of 2019, the energy sector – by 3.2%, industries related to water supply and sanitation, waste disposal and pollution elimination – by 12.7%.

Among the manufacturing industries, the largest increase in the index by August 2019 was shown by: the production of medicines and materials used for medical purposes – 64.9%, the production of beverages – 25.7% and furniture-24.2%.

In the raw materials sector, the production index decreased by 4.8% compared to August 2019, which is due to a decrease in the volume of oil and gas production by 7.7%, as well as the production of non - metallic minerals by 4.1%. At the same time, an increase in the production of metal ores was recorded – by 2.8% (compared to August 2019) and coal – by 0.3%.