Industrial production dynamic in Q1 2025

Andrei Kaukin, Anastasia Levchenko

22 may 2025

The dynamics of the trend component of the industrial production index in Q1 2025 indicated a slowdown in growth rates and a possible transition to stagnation. The pre-mining sector continued to demonstrate a downward trend, which has been observed since the beginning of 2022. The construction industry and retail trade had about zero growth rates. Positive trend was observed in such branches of the manufacturing sector as production of vehicles and equipment, as well as metallurgical production.



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