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:  THE REAL SECTOR OF THE ECONOMY: FACTORS AND TRENDS IN Q4 2014
Abstract: According to the preliminary estimates of the Ministry of Economic Development of the Russian Federation, in 2014 GDP annual growth rates amounted to 100.6% as compared to the previous year. Slowdown of growth rates of the Russian economy is justifi ed by low internal demand. Investments in capital assets fell by 2.5%, while growth rates of the consumer market slowed down to 2.5% as compared to 2013. In 2014, a positive trend was a speed-up of growth rates of industrial production to 101.7% with advanced growth in manufacturing (102.1% on the previous year).  A negative factor of 2014 was a drop in households’ real income due to growth of 11.4% in the consumer price index in 2014. The situation on the labor market is getting worse: in December 2014 as compared to the previous month the total number of the unemployed rose by 0.9%, while the number of offi cially registered unemployed, by 7.5%.
Classification-JEL: E20, E21, E22, E60
Keywords: Real economy, trends, 
Journal: Russian Economic Developments
Year: 2015
Issue: 2
Month: February
Pages: 14-16
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/463Izryadnova.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:463