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Russia’S Real Sector Of The Economy In July-August 2015: Factors And Trends

Author

Listed:
  • Olga Izryadnova

    (Gaidar Institute for Economic Policy)

Abstract

Worsening of the rates of the economic slump in July–August 2015 was justified by a decrease in the internal demand. In August 2015, the volume of investments in capital assets fell by 6.8%, while the volume of the retail trade turnover, by 9.1% as compared to August 2014. Due to shrinkage of the domestic market, the trend of reduction of industrial output consolidated. In August 2015, the industrial production index amounted to 95.7%, including 93.2% year-on-year in the manufacturing industry. The situation is complicated greatly by consolidation of the trend of growth in the rate of unemployment by 8.9% as compared to August 2014.

Suggested Citation

  • Olga Izryadnova, 2015. "Russia’S Real Sector Of The Economy In July-August 2015: Factors And Trends," Russian Economic Development, Gaidar Institute for Economic Policy, issue 10, pages 20-22, October.
    • Handle: RePEc:gai:recdev:593
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    More about this item

    Keywords

    Real economy; trends; Russian Economy;
    All these keywords.

    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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