RUSSIAN REAL SECTOR OF THE ECONOMY IN MAY 2015: FACTORS AND TRENDS

Olga Izryadnova ()

Russian Economic Development, 2015, issue 7, 23-26

Abstract: The decline in economic growth rates in 2015 is determined by contraction in both investment and consumer demand. Fixed investment in May 2015 decreased by 7.6 % and retail turnover by 9.2% compared to May 2014. The narrowing of domestic demand increased the downtrend in industrial production. On a year-over-year basis, the manufacturing output index in May 2015 stood at 91.7% and the mineral extraction index was 99.1%.

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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