Russian Industry: Optimistic Tragedy
Russian Economic Developments. Moscow, 2016, No. 1, pp. 31-33
3 Pages Posted: 24 Jan 2016
Date Written: January 23, 2016
According to the Gaidar Institute’s business survey data1, the September performance score proved pessimistic rather than otherwise. The dynamics of demand and output underwent no fundamental change which discouraged enterprises and resulted in a lower satisfaction with demand and an increase in the inventory excess rate. That said, the industrial sector kept raising prices, which would hardly fuel demand. A continuous exodus of employees from enterprises leads to labor force shortages even in the conditions of stagnation. Corporate investment plans signal a further cutting back on investment in production.
Keywords: Russian economy, Russian industry, industrial production
JEL Classification: Е30, E31, C81, L11
Suggested Citation: Suggested Citation