Russia's industrial output up 6.5% in March 2008

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MOSCOW, April 15 (RIA Novosti) - Russia's industrial production grew 6.5% in March and 6.2% in January-March, year-on-year, the Federal Service for State Statistics said in a statement on Tuesday.

"The index for industrial production in the first quarter of 2008 compared to the first quarter of 2007 is 106.2%, in March 2008 compared to March 2007 - 106.5%, compared to February 2008 - 111.7%," the statement said.

Net capital inflow into Russia, which is reaping the benefit from high world oil prices, reached a record $82.3 billion in 2007, almost double the previous year's figure, Russia's Central Bank earlier said.

Foreign direct investment in Russia is expected to exceed last year's figure of $28 billion in 2008, Arkady Dvorkovich, a senior economic adviser to the Russian president, said at the Russian economic and financial forum in Switzerland in March.

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