Russian deputy PM sees stronger industrial output growth in March

BOAO, China, Mar 24 (PRIME) -- Russian industrial output will rise more confidently starting from March and will register a small increase overall in 2016, Deputy Prime Minister Arkady Dvorkovich told PRIME on Thursday.

“We used to forecast that positive dynamics will begin by March–April. The fact that it began already in February is a good sign but we must take an extra day into account, this is why we expect more confident dynamics starting from March,” Dvorkovich said.

In February, industrial output rose by 1%, the Federal State Statistics Service said earlier.

Dvorkovich said: “There will be some wobbliness, I cannot say that there will be growth in all the remaining months, this is hardly so because the situation is still tense, in particular, with people’s income. But there can be small positive dynamics overall in the year.”

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