Due to the war in Ukraine, the rate of growth of the Russian Federation's industrial output dropped 29 times from the same level as in the fourth quarter of last year.
As reported by Ukrinform, the Disinformation Prevention Center at the RNBO reported on Telegram.
“According to official statistics, the rapid growth rate of industrial production in Russia fell to a meager 0.2% of the total. This indicator fell 11 times, equal to the previous year (2.2%) and 29 times, equal to the fourth quarter of last year (5.9%),” it is reported.
As it is clarified, this statistics, which is not surprising for Russians, applies in particular to the enterprises of the military-industrial complex, which will continue to increase production and ensure the needs of the war against Ukraine. Nowadays, civil industry industries, such as the production of food and food products, will shrink during the recession.
The CPD noted that Russia’s industry is suffering due to the sanctions and harsh financial policy of the Central Bank. Businesses can no longer invest in developments, and repaying loans is becoming more difficult.
“Economists are predicting more bankruptcies in the first half of the year. But given such a threatening economic situation, war is no longer a priority for the Kremlin. “Vlada is obviously sacrificing civil industry for the sake of war, dragging the economy into crisis,” the Center for the Prevention of Disinformation said.
As reported by Ukrinform, the Russian scientific-presidential fleet has dropped to a critical minimum in the last 30 years, and sanctions have closed the possibility of its renewal for Russia.
Photo: Bloomberg