Russia: Largest drop in industrial output in six months

In November 2013, industrial production fell 1.0% over the same month of the previous year, which marked a deterioration over the 0.1% drop recorded in October and represented the weakest reading in six months. The contraction exceeded the 0.3% fall the market had expected. A strong drop in in electricity, gas and water supply—due to milder-than-usual weather conditions—drove the overall contraction.

Read more about Russian Industry.

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