Russian Industry in Q2 2018 : Demand is Persistently Low

In Q2 2018, the situation in Russian industry did not undergo any significant changes. Most of Russian enterprises continued to register persistently low demand, which enabled them to confidently control their finished product stocks and maintain their output growth rate at minimum. In Q2 2018, growth in selling prices hit its three-year high, although it should be said that in June prices experienced a sharp drop sufficient to roll back all their growth achieved in March, April and May. The investment plans of industrial enterprises have remained at their local maximum since February 2018