The head of the Ministry of Economic Development announced the latest information about the macroeconomic indicators of Russia

On Monday, at a meeting of Russian President Vladimir Putin, the head of the Ministry of Economic Development (MART) German Gref reported the latest information about the macroeconomic indicators of Russia. So, the minister noted the growth of industrial production, oil and gas production; Reducing inflation and other positive trends in the development of the Russian economy, Interfax reports.

The growth of industrial production in Russia in the first quarter of 2007 was 8,%, in March (by March 2006) - 7,%. He also noted that the growth of industrial production in March 2007 in relation to February was one percentage point.

Gref also drew attention to the fact that the growth of industrial production in the first quarter of 2007 was almost twice as high as in the first quarter of 2006. The minister drew attention to positive trends in the processing and mining industries. According to him, the growth of production in processing sectors in March amounted to 12.5%, in the first quarter - 14.5%. In turn, the mining industries in March increased by 3.8%, in the first quarter of 2007 - by 4.2%.

Oil production in March in Russia increased by 3.9%, according to the results of the first quarter, the growth of the indicator was 4.2%. The minister also noted that gas production in March increased by 1.2%, in the 1st quarter of 2007 - by 0.3%.

The head of the MECTR said that the production of heat and electricity in March fell by 96.2%, in the first quarter of 2007 - by 94.3%, which is associated with weather conditions.

Inflation, according to the minister, in the nine days of April amounted to 0.2%, for the first quarter of 2007 - 3.5%. He also noted that in the first quarter of 2007, inflation was 1.5% lower than in the first quarter of 2006.

At the same time, Gref recalled that in April 2006 inflation was 0.4%. Comparing these data with the indicators of the first nine days of April 2007, the minister admitted that "in the early days of April 2007, the dynamics are slightly higher due to the food group."

The head of the MECTR said that on Thursday, during the preparation of a three -year budget, the government will finally summarize the results of macroeconomic indicators for 2006 and for the first quarter of 2007 in order to send a three -year budget for approval. According to him, on Thursday the final results of GDP, investments and incomes of the population will be announced.