Russian Industry in April 2013
Russian Economic Developments. 2013, #6, pp. 23-25
3 Pages Posted: 6 Jul 2013
Date Written: July 4, 2013
The business surveys carried out by the Gaidar Institute in April 2013 pointed to a worsening situation for Russian industrial enterprises. The ongoing drop in demand increased the share of excess inventory and forced the surveyed enterprises to refrain from price rising both in April and in the months to come. The enterprises saw the major obstacle to output growth not in the high interest rates on credits, but in the low demand for their products and in the uncertainty of the current economic situation.
Keywords: Russian industry
JEL Classification: Е30, E31, C81, L11
Suggested Citation: Suggested Citation