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 THE ECONOMY IN JULY-AUGUST 2015: FACTORS AND TRENDS
Abstract: Worsening of the rates of the economic slump in July–August 2015 was justified by a decrease in the internal
demand. In August 2015, the volume of investments in capital assets fell by 6.8%, while the volume of the retail
trade turnover, by 9.1% as compared to August 2014. Due to shrinkage of the domestic market, the trend of
reduction of industrial output consolidated. In August 2015, the industrial production index amounted to 95.7%,
including 93.2% year-on-year in the manufacturing industry. The situation is complicated greatly by consolidation
of the trend of growth in the rate of unemployment by 8.9% as compared to August 2014.
Classification-JEL: E20, E21, E22, E60
Keywords: Real economy, trends, Russian Economy
Journal: Russian Economic Developments
Year: 2015
Issue: 10
Month: October
Pages: 20-22
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/593Izryadnova.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:593