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Russia’S Real Sector Of The Economy In H1 2015: Factors And Trends

Author

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  • Olga Izryadnova

    (Gaidar Institute for Economic Policy)

Abstract

In H1 2015, business activities in the Russian economy were determined by weakening of the external and internal demand. In H1 2015, a decrease of 5.4% and 8.0% in investments in capital assets and the volume of the retail trade, respectively, as compared to the respective period of the previous year produced a negative eff ect on the domestic market. In Q2, the situation became more complicated due to a greater slump in the industry to 4.9%, including the manufacturing industry to 5.1% as compared to the indices of the previous year. A drop in real wages and salaries with a consolidating trend of growth in general and registered unemployment is an alarming factor.

Suggested Citation

  • Olga Izryadnova, 2015. "Russia’S Real Sector Of The Economy In H1 2015: Factors And Trends," Russian Economic Development, Gaidar Institute for Economic Policy, issue 8, pages 24-27, August.
  • Handle: RePEc:gai:recdev:566
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    More about this item

    Keywords

    Russian Economy;

    JEL classification:

    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General

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