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Russian Industry in April 2013

Sergey Tsukhlo

Russian Economic Development, 2013, issue 6, 23-25

Abstract: The business surveys carried out by the Gaidar Institute in April 20131 pointed to a worsening situation for Russian industrial enterprises. The ongoing drop in demand increased the share of excess inventory and forced the surveyed enterprises to refrain from price rising both in April and in the months to come. The enterprises saw the major obstacle to output growth not in the high interest rates on credits, but in the low demand for their products and in the uncertainty of the current economic situation.

Keywords: Russian; Industry (search for similar items in EconPapers)
JEL-codes: C81 E30 E31 L11 (search for similar items in EconPapers)
Date: 2013
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