REAL SECTOR OF THE ECONOMY: FACTORS AND TRENDS IN H1 2013

Olga Izryadnova ()

Russian Economic Development, 2013, issue 10, 18-20

Abstract: The trend towards slower economic dynamics by basic types of economic activity kept progressing in the period of May thru August 2013. With industrial production stagnating at the level of January–August 2012, manufacturing and electric power production contracted by 0.2% and 1.1% respectively. Freight turnover annual rates have declined since June 2013. Performance of works in the construction industry have become more irregular with declining capital investments. Consumers’ demand which is determined by real wage increases remains the factor that promotes economic growth.

Keywords: Real economy; trends (search for similar items in EconPapers)
JEL-codes: E20 E21 E22 E60 (search for similar items in EconPapers)
Date: 2013
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