In a televised discussion with the government on the economy, Russian President Vladimir Putin stated that after four months of declining industrial production, Russia has returned to its levels from last year as the auto industry and metal production are gradually returning.
And on Thursday, Bloomberg News reported that the agricultural sector saw a 4. 6% year-over-year growth.
Retail sales fell in real terms in July and August, and the situation got worse in September, indicating that consumer demand is still weak.
In nominal terms, retail sales decreased in the final week of September. Last week, annual inflation decreased to 13.5 percent.
Industries in Russia that are focused on exports are still under pressure.
Putin: Industrial production in Russia has resumed its previous level.
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