President Putin, who opened a meeting on economic issues, said that Russia’s 2023 economic growth turned out to be above forecasts.

The Russian leader also stated that this indicator is global 3% average, while economies of developed countries are going up at 1.5% average rate.

Plus, Putin stated that the dynamics reached has been based on the internal capacities of the country’s economy. In this regard, he detailed that the country´s 2023 industrial production jumped to 3.5%, while manufacturing production increased by 7.5%.

“Double-digit growth rates were reported in such divisions as computers, aircraft, ships, furniture, electrical equipment and motor vehicles manufacturing,” Putin added.

For instance, computers and peripherals added 32.8%, vehicles (mainly aviation equipment and shipbuilding) grew by 25.5% furniture added 20.7%.

In turn, leather and leather goods increased by 12.3%, while motor vehicles, trailers and semi-trailers grew by over 13.6%.

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