The Real Sector of the Russian Economy: Factors and Trends in July 2015
Russian Economic Developments. Moscow, 2015, pp. 14-16
3 Pages Posted: 29 Sep 2015
Date Written: September 24, 2015
Abstract
This year, Russia’s domestic market was operating under the negative effects of shrinking domestic demand. In July 2015, the retail trade turnover index amounted to 90.8%; the index of paid services delivered to the population – to 97.5%; and the index of investment in fixed assets – to 91.5% in annual terms. Over the same month, output in the processing industries dropped to 92.9% on July 2014. The growth rates in the processing industries were negatively influenced by the shrinking output of capital goods.
Keywords: Russian economy, real sector, investment
JEL Classification: E20, E21, E22, E60
Suggested Citation: Suggested Citation