Development of Russian Regions : Autumn Trends in 2018

Multidirectional trends were relevant for development of regions during three quarters of 2018. On one hand, industrial growth continued in ¾ of regions, consumption increased practically everywhere, unemployment did not experience any visible changes. On the other hand, new housing supply decreased in half of regions and decline of real households incomes continued in ¾ of regions. Regional budgets improved while number of territories demonstrating deficit reduced by half