Russia’s Foreign Trade in July 2013
Russian Economic Developments. Moscow, 2013, No. 8, pp. 18-20
3 Pages Posted: 26 Sep 2013
Date Written: September 25, 2013
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: Suggested Citation