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As seen by the period-end results of Q4 2019, the manufacturing and extractive sectors of the Russian economy once again displayed a near-zero growth, while production of electric energy, gas and water declined. Growth slowdown in the extractive sector occurred as a result of the implementation...
Persistent link: https://www.econbiz.de/10012839454
Based on the results of Q3 2019, the industrial production demonstrated growth which was facilitated by positive dynamics both in the primary and manufacturing sectors. At the same time, it is not absolutely certain that growth will continue in the long-term prospect. In the past few months,...
Persistent link: https://www.econbiz.de/10012859462
The imposition of the restrictive measures to contain the spread of the coronavirus infection (self-isolation regime, shutdown of public facilities, etc.) adversely affected the dynamic of Russian industrial sectors in H1 2020. The manufacturing industries that produce consumer durable goods,...
Persistent link: https://www.econbiz.de/10013215918
The OPEC+ deal and the coronavirus pandemic remain key factors affecting the state of the manufacturing and extractive industries. Some easing of the terms of the OPEC+ deal in 2021 in case of Russia and the possibility of containing the pandemic through mass vaccination suggest that there is a...
Persistent link: https://www.econbiz.de/10013235209
Based on the Q4 2020 results, industrial production outturns increased mainly on the back of extractive industries, particularly, owing to export coal supplies to China and Europe. In manufacturing, output growth still prevails in food, textile and chemical industries
Persistent link: https://www.econbiz.de/10013238884