RUSSIAN REAL SECTOR OF ECONOMY:FACTORS AND TRENDS IN APRIL 2015
Olga Izryadnova ()
Russian Economic Development, 2015, issue 6, 21-23
Abstract:
Russia’s GDP in Q1 2015 stood at 98.1% compared to that for Q1 2014, according to the data provided by the Russian Federal Statistics Service (Rosstat). The economic dynamics in 2015 are aff ected by weakening domestic demand and the increased downturn in the consumer market. The retail turnover index in April 2015 stood at 90.2% and fi xed investments at 95.2% compared with that for the corresponding period last year. The economic situation has been deteriorating through a 13.2% decline in real wages and a 8.4% increase of unemployment rate compared to that for April 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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