Rosstat's New Methodology and the By-Industry Movement Patterns of Production Indices in Early 2017

From early 2017, Rosstat began to apply OKVED 2 – the new All-Russian Classifier of Economic Activities, thus necessitating extreme caution in interpreting the industrial production statistics. The results of calculations performed by the Gaidar Institute point to the persistent presence of the same trends as were observed in late 2016: slight increase in production volumes and close-to-zero rates of growth displayed by the majority of industries. The growth revival observable in some of them can be explained, as a rule, by the favorable situation in world markets and by subsidies allocated by the government