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Economy/Business
4 June 2020, 15:40

Output increased in several industrial sectors in Bashkiria despite lockdown

As part of the on-site "Industrial Hour" session, Minister Alexander Sheldyaev briefly dwelt on the main results of the Bashkortostan industry for the full four months of 2020. The industrial production index in January-April 2020 amounted to 99.1% compared to the same period last year. The average Russian value is lower and amounts to 93.4%.
The Minister noted that several industries, which did not stop operation amid the coronavirus restrictions, increased output. For example, the extraction of metal ores is 107.4% (8.9 percentage points higher than last year). The increase in this indicator was influenced by the production activities of Uchalinsky GOK JSC and Bashkir Copper LLC, which implement priority investment projects with total funding of about 111 billion rubles.
Manufacturers of textile products increased their production volumes. The industrial production index for April 2020 is 7.4 percentage points higher than last year, which is explained by the personal protective equipment for tailoring.
In the context of manufacturing, for the period January - April 2020, overall, there is a positive trend in the production of motor vehicles - 148.1% (this figure is 3% of the total production), the production of medicines and materials used for medical purposes - 135, 9% (3% of the total share of production).
However, a decisive influence on the decline in industrial production was made by the suspension of enterprises in several industries during the period of combating the coronavirus infection spread.
The main role in the overall decrease in the industrial production index belongs to chemistry and petrochemistry - the production of coke and petroleum products - 91.0% (43% of the total share of manufacturing). This is due to the high growth in 2019, as well as a decrease in oil production under the OPEC agreement.
The sector "electric energy, gas, and steam supply; air conditioning" also showed a significant decrease - 92% (9.5% of the total, 14.2 percentage points lower than last year's figure in January-April) explained by reduced resource consumption due to the suspension of production during the pandemic.
Author:Sergey Nikolaev
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