Template-Type: ReDIF-Article 1.0
Author-Name:Olga Izryadnova
Author-Name-First: Olga             
Author-Name-Last: Izryadnova
Author-Workplace-Name: Gaidar Institute for Economic Policy
Title:  RUSSIA’S REAL SECTOR OF ECONOMY: FACTORS AND TRENDS IN JANUARY–OCTOBER 2013
Abstract: In January–October 2013, business activities were determined by a decrease in the consumer and investment demand. A drop of 1.2% in investments in capital assets and stagnation in manufacturing industries as compared to January–October 2012 had a negative effect on the domestic market. A factor which supported the GDP dynamics at the level of 101.4% against January–February 2012 was growth of 5.3% in the agricultural output as compared to the respective period of the previous year. From June 2013, growth in the total number of the unemployed year-on-year was registered; it is to be noted that in October growth in the unemployment sped up and its level (in accordance with the ILO methods) amounted to 5.5% of the gainfully occupied population with 5.2% on average in the 3rd quarter of 2013. A drop in the demand in the workforce resulted in a reduction of the number of vacant jobs declared by the employment service from 2.1m vacant jobs in May to 1.6m in October 2013.
Classification-JEL: E20, E21, E22, E60
Keywords: Real economy, trends, 
Journal: Russian Economic Developments
Year: 2013
Issue: 12
Month: december
Pages: 15-17
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/251Izryadnova.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:251