RUSSIA’S REAL SECTOR OF THE ECONOMY IN JULY-AUGUST 2015: FACTORS AND TRENDS

Olga Izryadnova ()

Russian Economic Development, 2015, issue 10, 20-22

Abstract: Worsening of the rates of the economic slump in July–August 2015 was justified by a decrease in the internal demand. In August 2015, the volume of investments in capital assets fell by 6.8%, while the volume of the retail trade turnover, by 9.1% as compared to August 2014. Due to shrinkage of the domestic market, the trend of reduction of industrial output consolidated. In August 2015, the industrial production index amounted to 95.7%, including 93.2% year-on-year in the manufacturing industry. The situation is complicated greatly by consolidation of the trend of growth in the rate of unemployment by 8.9% as compared to August 2014.

Keywords: Real economy; trends; Russian Economy (search for similar items in EconPapers)
JEL-codes: E20 E21 E22 E60 (search for similar items in EconPapers)
Date: 2015
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