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RUSSIA’S EXTRATING SECTOR IN JULY-AUGUST 20151

Georgy Idrisov, Andrey Kaukin, Olga Morgunova and Marina Turuntseva

Russian Economic Developments, 2015, issue 10, 23-25

Abstract: Our analysis of the dynamics of industrial production is indicative of the continuing output decline in the processing industries, while the extracting sector has been demonstrating a stable positive trend. If in the short-term perspective the economy is not shattered by any new shocks produced by changing terms of trade, signifi cant expansion of the imposed economic sanctions and fi nancial instability, there will emerge some grounds for a cautious optimism: the general industrial production index may depart from the ‘bottom’ as early as the end of the year 2015.

Keywords: EXTRATING SECTOR; Russian Economy (search for similar items in EconPapers)
Date: 2015
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