Russian Industrial Sector in May 2019: Out of Stagnation
Monitoring of Russia's Economic Outlook. Moscow. IEP. 2019. No. 10, pp. 16-17
2 Pages Posted: 30 Jun 2019
Date Written: June 28, 2019
In May, according to industrial enterprises estimates, output, and employment held steady. Moreover, industry indicated its readiness to cut prices thus showing the termination of the VAT new rate pass-through into producers’ prices. Business forecasts retain high level of optimism maintained by the growth of finished goods inventories.
Keywords: Russian economy, industrial output, stagnation
JEL Classification: L52, L60
Suggested Citation: Suggested Citation