Experts calculate double-digit growth rates of industrial production in January for the first time in a year

by time news

The dynamics of industrial production in Russia in January 2022 for the first time in 12 months showed double-digit growth rates – 10.2% compared to January 2021, follows from a review by the Institute for Natural Monopoly Problems (IPEM), which Vedomosti has.

Demand for industrial products in the first month of the year also increased by 5.8%, according to IPEM data. Such growth rates were recorded earlier during periods of economic recovery, demand showed a positive result in all sectors, follows from the review. IPEM calculations are based on indirect integral indicators – electricity consumption and loading on the railway network.

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