Russian industrial sector in 2021: (based on surveys’ findings)

Sergey Tsukhlo

Published Papers from Gaidar Institute for Economic Policy

Abstract: In January 2021, demand quite expectedly exhibited negative dynamics under the influence of a large and extremely unusual for the economy set of factors. The balance of actual sales change decreased by 10 points, which looked modest against the expected 30 points decline a month earlier. Most likely, the rigidity of lockdown measures, successes of both the domestic medical science and pharmaceutical industry allowed the country as a whole and the industry in particular to avoid a negative epidemiological scenario at the beginning of the year. The same circumstances ensured recovery of demand forecasts after the December collapse. In January, they regained 12 points out of the 30 points lost a month earlier.

Keywords: Russian economy; industrial sector; industrial output (search for similar items in EconPapers)
JEL-codes: C53 E37 L21 L52 (search for similar items in EconPapers)
Pages: 12 pages
Date: 2022, Revised 2022
New Economics Papers: this item is included in nep-cis
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https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2022-1203.pdf Revised Version, 2022 (application/pdf)

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