Survey of Current Business (May-August 2023)

Хозяйственное обозрение (май-август 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 8, 37-44

Abstract: In May 2023, the level of capacity utilization rate reached 90% – the maximum value in REB in the entire history of observations since December 1991. In one percentage point from the maximum was the value of the labor utilization rate – 97%. In general, many indicators surveyed by the REB in May looked quite optimistic, for example, the diffusion wage index amounted to 61%. The only exception was the diffusion employment index, which fell by 15 percentage points per month to 44%. The most optimistic forecast was the diffusion index of the financial condition expected in three months, which reached 63% – the maximum value in the REB’s polls over the past 10 years.

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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