Survey of Current Business (December 2020 – March 2021)

Хозяйственное обозрение (декабрь 2020 – март 2021 гг.)

Aukutsionek Sergey, Yegorov Andrey, Serzhantova Tatyana and Belyakov Stanislav
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Aukutsionek Sergey: Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences
Yegorov Andrey: Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences
Serzhantova Tatyana: Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences
Belyakov Stanislav: Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences

Russian Economic Development, 2021, issue 3, 24-31

Abstract: December 2020 showed record high values for a number of key indicators. Capacity utilization rate (86%) and labor utilization rate (96%) reached maximum values for almost 30 years of observation. The order-book level reached 92%; it was higher only twice in 2007. The diffusion indices of wages (+17 percentage points), production and purchases of equipment (+10 pp each), order-book level (+7 pp) were noticeably better than in November. At the same time, 89% of enterprises participating in the survey expect an increase in prices for purchased products in three months. The corresponding diffusion index, which had not been so high for about two years, also rose to 93.

Keywords: Russia; industry; industrial enterprises; price level; wages; employment; output; investment; indebtedness to banks; order-book level; stocks of finished products; capacity utilization rate; financial situation; production restrictive factors (search for similar items in EconPapers)
Date: 2021
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