Survey of Current Business (July-October 2023)

Хозяйственное обозрение (июль-октябрь 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 10, 10-17

Abstract: In July 2023, capacity utilization rate continued to remain at a record high level (90% – the second place in the entire history of the REB’s observations since December 1991). The same can be said about labor utilization rate (99% – the first place, but a reiteration of the June value). In general, many of the indicators assessed by the REB in July looked quite optimistic: the order-book level amounted to 102% of the normal monthly level, equated to 100 (second place). The diffusion index of employment added 13 points per month and amounted to 57%. The diffusion index of expenditures for equipment reached 44% – the highest value in the last 1,5 years. At the same time, it should be noted that the indices of input prices (both actual and anticipated) remain high.

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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