RUSSIA’S REAL SECTOR OF THE ECONOMY IN JANUARY 2016: FACTORS AND TRENDS

Olga Izryadnova ()

Russian Economic Development, 2016, issue 3, 49-53

Abstract: In January 2016, retail trade turnover decline by 7.3% and fall of investments in fixed capital by 8.4% have significantly affected domestic market. Dynamic of consumer market was determined to simultaneous decrease of demand on food products by 6.3% and on non-food products by 7.2% in comparison with 2015. In January 2015, the market of investment goods and services was characterized by contraction of works in construction by 4.2% per annum. Industrial production in January of the current year against January 2015 in annual terms constituted 97.3%, meanwhile the extraction of natural resources saw growth by 0.4% and the manufacturing industry registered decline of output by 5.6%. Total number of jobless against January 2015 went up by 6.2% and of the officially registered ones by 10.1%.

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: 2016
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