# -*- coding: cp1251 -*-
Template-Type: ReDIF-Paper 1.0
Author-Name: Kaukin Andrey
Author-Name-First: Andrey
Author-Name-Last: Kaukin
Author-Workplace-Name: Gaidar Institute for Economic Policy
Author-Name: Miller Evgenia
Author-Name-First: Evgenia
Author-Name-Last: Miller
Author-Workplace-Name: RANEPA
Title: Sectoral dynamics of industrial production in 2021
Abstract: In 2021, output in the extractive sector of the Russian industry went up due to the influence of factors that appeared at the beginning of 2021: growth of demand for thermal coal and natural gas from European and Asian countries; weakening of the effect of restrictions related to the OPEC# -*- coding: cp1251 -*- agreement on the back of higher quotas for daily oil production by the member countries. The manufacturing sector also demonstrated growth in 2021, which was achieved owing to high prices and growing external demand for the products of industries that occupy a significant share in the structure of industrial production (metallurgy, chemical industry, oil refining industry).
Classification-JEL: G19, G28
Keywords: Russian economy, production, external and internal demand, GDP structure
Creation-Date: 2022
Revision-Date: 2022
Length: 9 pages
File-URL: https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2022-1205.pdf
File-Format: application/pdf
File-Function: Revised Version, 2022
Handle: RePEc:gai:ppaper:ppaper-2022-1205