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. Last Updated: 07/27/2016

Industrial Output Up

MOSCOW () -- Russian industrial production registered a slight upturn last month, Interfax said, growing by 1 percent over June.

Output of gasoline, steel pipes, cement and sugar all increased, the news agency reported the State Statistics Committee as saying. But overall industrial production in January to July was still 24 percent lower than for the same period in 1993.

Consumer prices rose by 5 percent in June, with retail sales increasing by 5 percent. The average wage increased by 8 percent to 224,000 rubles ($106) per month.