Russia Industrial Output registered at -0.9%, below expectations (1.1%) in February

AI Briefing

• – Russia's industrial output declined by 0.9% in February, falling short of expectations of a 1.1% increase.
• – The decline was driven by a drop in production in the mining and smelting industry.
• – The fall in industrial output is a concern for the Russian economy, which is heavily reliant on oil and gas exports.