Over the last month the Russian industrial production recorded a surge of 10.4 percent as compared with the same period last year, according to the latest statistics of the Federal State
Statistics Service (Rosstat). From January to April this year, Russia's industrial production also
increased 6.9 percent year-on-year, said a report published on the Rosstat website on Wednesday.
Growth from coal, gas, steel and automobile sectors were comparatively fast, with the production of steel pipes and vehicles jumping 46 percent and 55
percent in first four months this year.
Some analysts believed the positive figures indicated an accelerating trend of Russian industrial growth, while others believed the figures meant nothing but restorative growth since the bases of last April and May were significantly low.
Russian Economic Development Minister Elvira Nabiullina announced on Thursday that the gross domestic product of the country and the industrial
output increased 0.7 percent and 1.8 percent in April on a seasonally adjusted basis.