RUSSIA’S REAL SECTOR OF THE ECONOMY IN SEPTEMBER 2014: FACTORS AND TRENDS

Olga Izryadnova ()

Russian Economic Development, 2014, issue 11, 14-16

Abstract: In September 2014, the trend of slowdown of economic dynamics by the baseline types of economic activities stopped. Growth in industrial output, manufacturing and mining amounted to 2.8%, 3.6% and 2.4%, respectively, as compared to September 2013. However, the situation is complicated by the continued drop in investment activities. Investments in capital assets decreased by 2.8%, while the volume of jobs in building, by 3.7% as compared to September 2013. In September, year-on-year growth of up to 8% in the inflation rate and a 1% reduction in real wages caused a sudden slowdown of households’ consumer activities and the retail trade volume.

Keywords: Real economy; trends (search for similar items in EconPapers)
JEL-codes: E20 E21 E22 E60 (search for similar items in EconPapers)
Date: 2014
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