Russia sees core sector decline for first time since 2009 in Feb
MOSCOW. April 2 (Interfax) - Core sector output in Russia fell 1.8% year-on-year in February, its first monthly drop since October 2009, the Federal State Statistics Service (Rosstat) said.
The growth was partly to do with the fact last February had an extra day for the leap year.
Core sector growth was zero in January this year. Growth was 1.4% year-on-year in December and 1.2% in November 2012.
Output by the five core sectors, which are industry, agriculture, construction, transport and retail, rose 2.6% in 2012 as a whole, compared with growth of 5.5% in 2011. Output fell 0.9% year-on-year in January-February 2013.
Industry fell 2.1% year-on-year in February 2013. Freight turnover was down 2.6%, retail turnover grew 2.5%, agricultural output grew 2.4% and construction grew 0.3%.
