Template-type: ReDIF-Article 1.0
Author-Name: Sergey P. Aukutsionek
Author-Workplace-Name: Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences
Author-Name: Andrey S. Yegorov
Author-Workplace-Name: Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences
Author-Name: Inessa A. Bachirova 
Author-Workplace-Name: Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences
Author-Name: Tatyana V. Serzhantova
Author-Workplace-Name: Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences
Title: Survey of Current Business (April-July 2023)
Title: Хозяйственное обозрение (апрель-июль 2023 г.)
Abstract: In April 2023, the diffusion index of employment reached 59%, the highest value in the REB surveys since December 1991. A similar record happened with the diffusion index of three-month expectations of employment, but only with a value of 69%, which is 9 points higher than the previous maximum. The diffusion index of inventories added 12 percentage points over the month and amounted to 54% – a maximum for 2.5 years. The diffusion index of wages, on the contrary, decreased by 12 points and amounted to 52% – a minimum for 1.5 years. The level of inventories of the finished goods has risen to 99% (from the normal monthly level, taken as 100). It hasn’t been this high since March 2015.
Keywords: Russia, industry, industrial enterprises, price level, wages, employment, output, investment, indebtedness to banks, order-book level, stocks of finished products, capacity utilization rate, financial situation, production restrictive factors
Classification-JEL: D22, D24, G31, L23, P23
Journal: Russian Economic Developments
Year: 2023
Issue: 7
Month: July
Pages: 34-41
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/r2357.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:r2357