RTTNews - Industrial production in Russia dropped 16.9% year-on-year in April, faster than a 13.7% fall in March, the Federal State Statistics Service said. Economists expected a decline of 14%. Industrial output dropped for the sixth consecutive month in April.

Month-on-month, industrial output slipped 8.1% in April, following an 11.1% growth in the previous month.

In the January-April period, industrial production dipped 14.9% compared to the same period in the previous year.

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