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Industrial manufacturing report

19
Mar '07
The Ministry of Industry and Energy of the Russian Federation releases the production results for textile and petro industry for January to July 2006.

It reports that the growth of production in the light industry in January-July, 2006 (broken up into types of economic activity) amounted to the following: textile and clothing manufacture – 9.1%, leather, leather goods and footwear manufacture – 12.4%).

The growth in textiles production amounted to 2.9% (cotton goods– 2.3%, silk goods – linen goods – 13.1%), the production of bed-clothes increased by 13.5%, of hosiery – by 10.2%. The production of carpets went up threefold.

The production of clothes increased by 3.4% in January-June. Outrunning growth was achieved in the production of raincoats and suits (14.3% and 16.6%), as well as in the production of ladies' fur coats (26.4%).

The production of almost all types of leather and footwear saw an increase. Thus, the production of chrome-tanned leather goods went up by 20.8%, of the Russian leather goods – by 6.4%, of coarse-leather goods – by 31.3%. The production of footwear saw a 9.3% increase.

Alongside with that, a decrease in the production of leather goods came to 14% in January-July, 2006, which is mainly determined by an increased competitive edge of imported goods on the domestic market.

In July, 2006 (in comparison with the June, 2006 results) the production of many types of the light industry products saw adecrease, which was mainly determined by seasonal factors, such as congregate vacations of employees and simultaneous shut-downs of a number of enterprises for routine inspections and repairs.


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