anubisgrau
pfm Member
Putin s War Machine Helps Keep Russian Industry Humming
• Industrial production was flat in 2022 despite sanctions
• Military sectors helped manufacturing outperform other areas
Bloomberg News, February 1, 2023; https://www.bloomberg.com/news/arti...r-machine-helps-keep-russian-industry-humming
Surging military production is helping keep Russian industry going strong, offsetting much of the damage done by international sanctions and other fallout from the invasion of Ukraine.
Industrial output ended 2022 down only 0.7%, according to a consensus of forecasts compiled by Bloomberg...
• Industrial production was flat in 2022 despite sanctions
• Military sectors helped manufacturing outperform other areas
Bloomberg News, February 1, 2023; https://www.bloomberg.com/news/arti...r-machine-helps-keep-russian-industry-humming
Surging military production is helping keep Russian industry going strong, offsetting much of the damage done by international sanctions and other fallout from the invasion of Ukraine.
Industrial output ended 2022 down only 0.7%, according to a consensus of forecasts compiled by Bloomberg...