Survey of Current Business (December 2022 – March 2023)

Хозяйственное обозрение (декабрь 2022 г. – март 2023 г.)

Sergey P. Aukutsionek, Andrey S. Yegorov, Inessa A. Bachirova and Tatyana V. Serzhantova
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Sergey P. Aukutsionek: Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences
Andrey S. Yegorov: Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences
Inessa A. Bachirova: Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences
Tatyana V. Serzhantova: Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences
Authors registered in the RePEc Author Service: Andrei Egorov

Russian Economic Development, 2023, issue 3, 21-28

Abstract: In December 2022, the diffusion index of wages increased by 9 percentage points and reached 71% – the highest value since 1993. The diffusion index of the order-book level added 10 points and equaled to 62% – maximum in the entire history of observations, although previously already achieved (for the last time in 2007). At the same time, the diffusion index of stocks of finished goods significantly decreased to 32%, which is very close to the minimum value in the entire history of observations. The three-month expectations of employment, wages and order-book level looked quite optimistic, which cannot be said about a similar indicator of output.

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)
JEL-codes: D22 D24 G31 L23 P23 (search for similar items in EconPapers)
Date: 2023
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