Template-type: ReDIF-Article 1.0
Author-Name: Andrey S. Kaukin
Author-Workplace-Name: Gaidar Institute for Economic Policy; Russian Presidential Academy of National Economy and Public Administration
Author-Name: Eugenia M. Miller
Author-Workplace-Name: Russian Presidential Academy of National Economy and Public Administration
Title: Industrial Production Dynamics in Q4 2021
Title: Динамика промышленного производства в четвертом квартале 2021 г.
Abstract: Year 2021 saw extractive industries’ growth on the back of a pickup in demand for power-generating coal and natural gas on the part of European and Asian countries, as well as ebbing restrictions related to the OPRC+ agreement (owing to higher quotas on daily oil production volumes in member countries). In 2021, the manufacturing sector saw growth, too. It was achieved as a result of higher prices and active external demand for industry products, which account for a substantial share of production (metallurgy, oil refining and the chemical industry).
Keywords: industrial sector, sectors of economy, mining industry, manufacturing, Rosstat
Classification-JEL: L16, L6, L7, L8, L9
Journal: Russian Economic Developments
Year: 2022
Issue: 2
Month: February
Pages: 20-25
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/r2216.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:r2216