Russian Industrial Output Plummets: The record 25.5%...
- Share via
Russian Industrial Output Plummets: The record 25.5% decline in January compared to a year earlier was reported by the State Statistics Committee in Moscow, according to the Interfax news agency. Industrial output fell 18% in 1993 and 16% in 1992. Russia’s new government, dominated by conservative ministers with close links to industry, hopes to support production with growth-oriented policies, including cheap loans to agriculture and higher state subsidies.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
