Home / Business and Economy / Russian Factories Shrink in September
Russian Factories Shrink in September
1 Oct
Summary
- Russian manufacturing sector experienced a slight contraction in September.
- Weak consumer demand contributed to reduced output and new orders.
- Business survey data highlights a downturn in industrial activity.
Russia's manufacturing sector experienced a slight contraction in September, as indicated by a recent business survey.
Weak demand significantly impacted industrial output, leading to further declines in new orders. This trend suggests a challenging economic environment for manufacturers.
The survey data points to a contraction in the manufacturing sector as September drew to a close, highlighting concerns over sustained weak demand.
Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
