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Survey of Current Business (July-October 2023)
[Хозяйственное Обозрение (Июль-Октябрь 2023 Г.)]

Author

Listed:
  • Sergey P. Aukutsionek

    (Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences)

  • Andrey S. Yegorov

    (Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences)

  • Inessa A. Bachirova

    (Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences)

  • Tatyana V. Serzhantova

    (Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences)

Abstract

In July 2023, capacity utilization rate continued to remain at a record high level (90% – the second place in the entire history of the REB’s observations since December 1991). The same can be said about labor utilization rate (99% – the first place, but a reiteration of the June value). In general, many of the indicators assessed by the REB in July looked quite optimistic: the order-book level amounted to 102% of the normal monthly level, equated to 100 (second place). The diffusion index of employment added 13 points per month and amounted to 57%. The diffusion index of expenditures for equipment reached 44% – the highest value in the last 1,5 years. At the same time, it should be noted that the indices of input prices (both actual and anticipated) remain high.

Suggested Citation

  • Sergey P. Aukutsionek & Andrey S. Yegorov & Inessa A. Bachirova & Tatyana V. Serzhantova, 2023. "Survey of Current Business (July-October 2023) [Хозяйственное Обозрение (Июль-Октябрь 2023 Г.)]," Russian Economic Development, Gaidar Institute for Economic Policy, issue 10, pages 10-17, October.
    • Handle: RePEc:gai:recdev:r2379
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    More about this item

    Keywords

    Russia; industry; industrial enterprises; price level; wages; employment; output; investment; indebtedness to banks; order-book level; stocks of finished products; capacity utilization rate; financial situation; production restrictive factors;
    All these keywords.

    JEL classification:

    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies
    • L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production
    • P23 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Factor and Product Markets; Industry Studies; Population

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