Survey of Current Business (April-July 2023)

Хозяйственное обозрение (апрель-июль 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 7, 34-41

Abstract: In April 2023, the diffusion index of employment reached 59%, the highest value in the REB surveys since December 1991. A similar record happened with the diffusion index of three-month expectations of employment, but only with a value of 69%, which is 9 points higher than the previous maximum. The diffusion index of inventories added 12 percentage points over the month and amounted to 54% – a maximum for 2.5 years. The diffusion index of wages, on the contrary, decreased by 12 points and amounted to 52% – a minimum for 1.5 years. The level of inventories of the finished goods has risen to 99% (from the normal monthly level, taken as 100). It hasn’t been this high since March 2015.

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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