Russia’s Real Sector: Factors and Trends in January-October 2014
Russian Economic Developments. Moscow, 2014, #12, pp. 14-16
3 Pages Posted: 4 Jan 2015
Date Written: January 4, 2015
Abstract
In January–September 2014, the index of physical volumes of GDP amounted to 100.8% on the respective period of 2013. The positive factors behind positive quarterly dynamics of GDP are, firstly, the speed-up of growth rates of manufacturing industries to 3.6% year-on-year in October 2014 against 0.6% a year before, secondly, growth in consumer demand though its rates are much lower than the index of October 2013 and, thirdly, growth in the net export despite a decrease in the foreign trade turnover. In January–October 2014, a 2.5% reduction in investments in capital assets on the respective period of the previous year had a negative effect on the domestic market.
Keywords: Russian real economy
JEL Classification: E20, E21, E22, E60
Suggested Citation: Suggested Citation