Russian Industry in October 2013
Russian Economic Developments. Moscow. 2013, No. 12, pp. 18-20
3 Pages Posted: 22 Dec 2013
Date Written: December 21, 2013
According to the data of business surveys of the Gaidar Institute, in October there were no principal changes neither in the dynamics of the demand, nor in the dynamics of the output of the Russian industry. The above situation caused growth in dissatisfaction about the volumes of current sales and made enterprises switch over again to reduction of prices in a hope to revive the demand. The continued outflow of workers from enterprises, worsening of forecasts as regards changes in the number of workers and negative investment plans supplement the gloomy situation of the beginning of the 4th quarter.
Keywords: Russian economy, Russian industry
JEL Classification: Е30, E31, C81, L11
Suggested Citation: Suggested Citation