Russian Industry in August 2012
Russian Economic Developments, 2012, №10
8 Pages Posted: 17 Nov 2012 Last revised: 17 Jun 2013
Date Written: November 5, 2012
According to the surveys of the Gaidar Institute, in August the situation in Russian industry sooner improved than got worse. Slowdown of a drop in the demand permitted enterprises to avoid cuts in output, introduce positive adjustments in production plans and reduce the rate at which workers were laid off with complete control over finished goods stocks exercised. However, uncertainty about the future makes the industry minimize its investment plans and go ahead with lay‐offs of workers.
Keywords: Russian industry
JEL Classification: Е30, E31, C81, L11
Suggested Citation: Suggested Citation