Statistics: Russian producer prices fall 1.5% in February

MOSCOW, Mar 18 (PRIME) -- Russian industrial producer prices decreased 1.5% on the month and rose 3.5% on the year in February, the Federal State Statistics Service said in a statement on Friday.

Since the beginning of the year, producer prices have fallen 2.8%, the service said.

Prices in production of mineral resources fell 12.3% in February and 15.8% in January–February. Prices in the processing industry rose 1.2% in February and 0.6% in January–February.

Prices in production and distribution of power, gas and water rose 1.2% in February and 0.5% in first two months of the year.

In 2015, industrial producers’ prices rose 12.4%.

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