THE REAL SECTOR OF THE ECONOMY: FACTORS AND TRENDS IN MARCH 2015
Olga Izryadnova ()
Russian Economic Development, 2015, issue 5, 20-22
Abstract:
According to the preliminary data of the Ministry of Economic Development of the Russian Federation, in Q1 2015 GDP amounted to 97.8% against the index of Q1 2014. A simultaneous shrinkage of consumer demand and investments in capital assets had a negative eff ect on the domestic market in 2015. In Q1 2015, the retail trade index and the index of investments in capital assets amounted to 93.3% and 94.0%, respectively, as compared to the same period of the previous year. The situation in the economy is complicated by a 8.3% drop in real wages and salaries and a 1.4% growth in the rate of unemployment as compared to Q1 2014.
Keywords: Real economy; trends (search for similar items in EconPapers)
JEL-codes: E20 E21 E22 E60 (search for similar items in EconPapers)
Date: 2015
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