The Russian Industry in January 2015
Russian Economic Developments. Moscow, 2015, #3, pp. 25-27
3 Pages Posted: 1 Apr 2015
Date Written: March 30, 2015
According to business surveys carried out by the Gaidar Institute, the initial data on the state of the Russian industry in the beginning of 2015 which was called a crisis year has little evidence of the crisis. The actual dynamics of demand and output, estimates of stocks of finished products and hiring plans are typical of January and appear even optimistic at the backdrop of the (pre)crisis panic. The latter, however, affected forecasts of demand and investment plans which failed to gain normal optimism, while the industry’s pricing policy and the terms of bank lending reacted, on the contrary, very decisively to the authorities’ policy.
Keywords: Russian economy, Russian industrial production, business surveys
JEL Classification: Е30, E31, C81, L11
Suggested Citation: Suggested Citation