Russian Industry in October 2016: Cautious Optimism Inspired by Sales

Abstract

There are hopes for industrial recovery from stagnation in Russia, according to analysis of the results of a survey that was carried out by the Gaidar Institute in October 2016. A positive shift in real sales dynamics coupled with slowly upgraded forecasts for the same is supplemented by a moderate, albeit positive, recovery of industrial production growth rates and a likely upward revision in assessments of finished product stocks. No visible positive shifts in output plans have been seen to date.

Keywords: Russian economy, Russian industry, industrial output, stock of finished products

JEL Classification: Е30, E31, C81, L11