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 JANUARY 2016: FACTORS AND TRENDS
Abstract: In January 2016, retail trade turnover decline by 7.3% and fall of investments
in fixed capital by 8.4% have significantly affected domestic market. Dynamic
of consumer market was determined to simultaneous decrease of demand
on food products by 6.3% and on non-food products by 7.2% in comparison
with 2015. In January 2015, the market of investment goods and services was
characterized by contraction of works in construction by 4.2% per annum.
Industrial production in January of the current year against January 2015 in
annual terms constituted 97.3%, meanwhile the extraction of natural resources
saw growth by 0.4% and the manufacturing industry registered decline
of output by 5.6%. Total number of jobless against January 2015 went up by
6.2% and of the officially registered ones by 10.1%.
Classification-JEL: E20, E21, E22, E60
Keywords: Real economy, trends,  Russian Economy
Journal: Russian Economic Developments
Year: 2016
Issue: 3
Month: March
Pages: 49-53
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/706Izryadnova.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:706