Template-Type: ReDIF-Paper 1.0
Author-Name: Tsukhlo Sergey
Author-Name-First: Sergey
Author-Name-Last: Tsukhlo
Author-Workplace-Name: Gaidar Institute for Economic Policy
Title: Russian industrial sector in 2021: (based on surveys’ findings)
Abstract: In January 2021, demand quite expectedly exhibited negative dynamics under the influence of a large and extremely unusual for the economy set of factors. The balance of actual sales change decreased by 10 points, which looked modest against the expected 30 points decline a month earlier. Most likely, the rigidity of lockdown measures, successes of both the domestic medical science and pharmaceutical industry allowed the country as a whole and the industry in particular to avoid a negative epidemiological scenario at the beginning of the year. The same circumstances ensured recovery of demand forecasts after the December collapse. In January, they regained 12 points out of the 30 points lost a month earlier.
Classification-JEL: C53; E37; L21; L52
Keywords: Russian economy, industrial sector, industrial output
Creation-Date: 2022
Revision-Date: 2022
Length: 12 pages
File-URL: https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2022-1203.pdf
File-Format: application/pdf
File-Function: Revised Version, 2022
Handle: RePEc:gai:ppaper:ppaper-2022-1203