Real Economy : Trends and Factors in February 2013

At the beginning of 2013 the Russian economy was characterized by the slowdown of the internal and external demand. This year the domestic market was considerably influenced by the drop of production in February 2013 by 2.1% as compared with February 2012. The manufacturing industry index in annual terms made 99.9% versus February 2012 the deepest recession being observed in machine building complex. The total of the unemployed over January-February 2013 remained below the corresponding figure of the previous year, exceeding though the average figure of H2 2012