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Real Economy: Trends and Factors

Author

Listed:
  • Olga Izryadnova

    (Gaidar Institute for Economic Policy)

Abstract

Throughout 2012 the macroeconomic situation has been characterized by the gradual decrease of the economic activity. It was the simultaneous slowdown of both the internal and external demand growth rates that was one of the factors contributing to the low dynamics of 2012. According to the preliminary data of the RF Ministry of Economic Development, in 2012 GDP growth rates made 103.4% versus the previous year, investments in fixed assets – 106.7%, retail trade turnover – 105.9%. In 2012 the growth rates of the industry slowed down to 102.6% versus 104.7% in 2011. The plunge in the agriculture production of 4.7% versus 2011 had a negative effect on the output.

Suggested Citation

  • Olga Izryadnova, 2013. "Real Economy: Trends and Factors," Russian Economic Development, Gaidar Institute for Economic Policy, issue 2, pages 29-34, February.
    • Handle: RePEc:gai:recdev:71
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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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