24 March 2021
Tyumen Region Continues Demonstrating Industrial Production Growth

The industrial production index of Tyumen Region in January–February 2021 amounted to 107.7% in comparison with the same period in 2020, preliminary reports of state statistics bodies say.

Industrial production growth is mostly due to the development of the processing sector of regional economy. This indicator has increased by 121.9% year on year. With this indicator Tyumen Region ranks sixth among all constituent regions of Russia.

The highest growth rates were recorded in production of chemicals and chemical products – 176.5%, paper and paper products – 170.1%, furniture – 137.0%, electrical equipment – 133.9%, rubber and plastic products – 130.1%, medicines and materials used for medical purposes – 121.2%, wood processing and making of wood products – 116.4%, repair and installation of machinery and equipment – 114.5%.

Despite the negative macroeconomic consequences of the COVID-19 pandemic, Tyumen Region's industrial sector is confidently maintaining the growth trajectory, the Governor of Tyumen Region Alexander Moor noted. The complex of measures for state support of business implemented in the region plays a positive role in this process. “Stable industrial growth is one of the most important conditions for active development of the social sphere; it will help improve the quality of life of our citizens,” the head of the region said.

Source: Press service of the Governor of the Tyumen region