Russia’s Foreign Trade in July 2013

Russian Economic Developments. Moscow, 2013, No. 8, pp. 18-20

3 Pages Posted: 26 Sep 2013

See all articles by Sergey Tsukhlo

Sergey Tsukhlo

Gaidar Institute for Economic Policy

Date Written: September 25, 2013

Abstract

The data obtained by Gaidar Institute’s business surveys show that anticipations concerning consumer growth in May, which encouraged enterprises to increase their output, were not borne out, and the June growth in output against weakening demand became a problem for the Russian industrial sector, having triggered drastic growth in the level of dissatisfaction with sales and excess stocks of finished goods and made enterprises to revise demand forecasts, output and employment plans in favor of a negative scenario in June-August. Actual reduction in factory gate prices and intention to cut off investments give a finishing touch to the unpleasant picture of the situation in the industrial sector.

Keywords: Russian economy, Russian industrial enterprises

JEL Classification: Е30, E31, C81, L11

Suggested Citation

Tsukhlo, Sergey, Russia’s Foreign Trade in July 2013 (September 25, 2013). Russian Economic Developments. Moscow, 2013, No. 8, pp. 18-20, Available at SSRN: https://ssrn.com/abstract=2330912 or http://dx.doi.org/10.2139/ssrn.2330912

Sergey Tsukhlo (Contact Author)

Gaidar Institute for Economic Policy ( email )

3-5 Gazetny Lane
Moscow, 125009
Russia

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