Russia's industrial production index hit its biggest decline in 15 years

Russia's industrial production index fell 16 in April 2009 from a year earlier, according to the latest data from the Russian National Bureau of Statistics.　　9%, the biggest decline since 1994 (Russia's industrial production index fell by 18% in 1994). Statistics show that the Russian industrial production index fell by 8 in April. 1%, the first 4 months of this year fell 14 per cent year-on-year. 9%. The biggest decline in April was the processing industry index, which fell 25 per cent year-on-year. 1%. The extractive industry index fell 11. 8%, the water and electricity production index fell 2 year-on-year.　　6%. According to a previous survey by the Interfax news agency, most economists estimate that the April decline in the industrial production index in Russia could shrink to 12. 4% (March decline was 13. 7%). Although the actual decline in April exceeded expectations, many economists still believe that Russian industry is only hovering at the bottom, with the gradual implementation of the Government's stimulus measures, Russian industry in the near future, the recovery of the rise.　　But many experts believe that the Russian economy will continue to decline, when the bottom is not clear. According to the Russian Independent reported 19th, the United States Goldman Sachs Group 18th announced that Russia's GDP forecast for this year, the decline from the previous 5. 5% Adjustment to 7. 5%, showing a pessimistic economic outlook for Russia.