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Russia’S Real Sector Of Economy In H1 2014: Facts And Trends

Author

Listed:
  • Olga Izryadnova

    (Gaidar Institute for Economic Policy)

Abstract

GDP advanced 0.8% in H1 2014 relative to the corresponding period of 2013, according to the preliminary data from Rosstat (Federal State Statistics Service). The products and services output index by basic type of economic activity remained near a positive value of 100.3% on an annualized basis in July 2014 compared to July 2013. The industrial production index stood at 101.5% in July 2014, including the manufacturing industry (102.4%) and the mineral extraction sector (100.2%). Reduction in both exports of traditional raw materials and their by-products, and the scale of output in the construction and investment sector had an adverse eff ect on the dynamics of general economic indicators..

Suggested Citation

  • Olga Izryadnova, 2014. "Russia’S Real Sector Of Economy In H1 2014: Facts And Trends," Russian Economic Development, Gaidar Institute for Economic Policy, issue 9, pages 14-17, September.
    • Handle: RePEc:gai:recdev:387
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    More about this item

    Keywords

    Real economy; trends;

    JEL classification:

    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General

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