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In January-October 2022 industrial production demonstrated sluggish growth. The main contribution was made by the food industry, textile and garment production, metallurgy, and machine-building. The growth, among other things, was due to the replacement of foreign brands with domestic products...
Persistent link: https://www.econbiz.de/10014351523
In 2018 the output dynamics of the manufacturing industries were close to zero. Growth was observed in the primary sector mainly on the back of a surge in production of natural gas and coal. In manufacturing, positive growth rates were related either with a favorable global market environment or...
Persistent link: https://www.econbiz.de/10012891999
Most of Russia's industrial sectors saw output in terms of volume stabilize at a low level in H1 2016. Output began to grow slowly at year's end. The summary index of the manufacturing sector was driven by positive dynamics during the last few months of the year. Given that Russia's economy is...
Persistent link: https://www.econbiz.de/10012957554
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...
Persistent link: https://www.econbiz.de/10012953302
In Q3 2021, industrial output growth was mainly driven by extractive industries owing to a pickup in demand for power-generating coal and natural gas and ebbing restrictions related to the OPEC+ agreement. The following factors kept affecting dynamics of different sectors of the Russian...
Persistent link: https://www.econbiz.de/10013305966
Analysis of trend components of production indices for May through July 2021 suggests that growth factors in trends for the extractive industries since the beginning of 2021 continue to have effect for two reasons: a pickup in demand for power-generating coal on the part of European and Asian...
Persistent link: https://www.econbiz.de/10013314544
Decomposition of Russian GDP growth rates has been performed to assess conditions that would enable Russia to achieve economic growth rates surpassing the worldwide average. In 2017, the contribution of fundamental factors of production (labour, capital, total factor productivity) to Russian GDP...
Persistent link: https://www.econbiz.de/10012923447