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Russian Industry in December 2012

Author

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  • Sergey Tsukhlo

    (Gaidar Institute for Economic Policy)

Abstract

An in-depth analysis of the December data from the surveys of the Gaidar Institute1 showed that the end of 2012 was unfavorable to the industry. With continued weakening of demand in industrial products enterprises had to review evaluations of it, switch over to explicit reduction of output and prices, but keep under control the stocks of finished products. Workers keep quitting industry due to low wages and salaries, and investment plans are getting worse.

Suggested Citation

  • Sergey Tsukhlo, 2013. "Russian Industry in December 2012," Russian Economic Development, Gaidar Institute for Economic Policy, issue 2, pages 35-40, February.
  • Handle: RePEc:gai:recdev:72
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    More about this item

    Keywords

    Russian Industry; December 2012;

    JEL classification:

    • E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data)
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms

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