Download This PaperRussian Industry in December 2012
Russian Economic Developments 2013, No. 2,
Moscow Gaidar Institute for Economic Policy
6 Pages Posted: 28 Feb 2013 Last revised: 17 Jun 2013
Date Written: 2013
Abstract
An in-depth analysis of the December data from the surveys of the Gaidar Institute1 showed that the end of 2012 was unfavorable to the industry. With continued weakening of demand in industrial products enterprises had to review evaluations of it, switch over to explicit reduction of output and prices, but keep under control the stocks of finished products. Workers keep quitting industry due to low wages and salaries, and investment plans are getting worse.
Keywords: Russian industry, industrial demand, industrial output
JEL Classification: Е30, E31, C 81, L11
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