Wednesday, July 18, 2007

Russia's Annual June Industrial Production Accelerates to 10.9 Percent

(Bloomberg) -- Russian industrial production grew an
annual 10.9 percent in June, the fastest pace in two-and-a-half
years, led by steam turbines, tractor-trailers and television
sets.

Growth accelerated from 6.7 percent in the previous month,
the Moscow-based Federal Statistics Service said in an e-mailed
statement today. The median forecast of 16 economists was for 6.6
percent. Output grew 12.5 percent in November of 2004.


Read more at Bloomberg Emerging Markets News

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