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Industrial Production Dynamics in March-April 2021
[Динамика Промышленного Производства В Марте-Апреле 2021 Г]

Author

Listed:
  • Kaukin Andrey

    (Russian Presidential Academy of National Economy and Public Administration; Gaidar Institute for Economic Policy)

  • Miller Eugenia

    (Russian Presidential Academy of National Economy and Public Administration)

Abstract

In March-April 2021, the OPEC + agreement continued to restrain growth in the extractive sector. Nevertheless, the trend component in the production dynamic demonstrated a positive trend on the back of an increased demand for coal and gas in the European and Asian markets. The trend component of production in the manufacturing sector also grew mainly owing to the increase in world prices for products from industries that take a significant share in the production structure (woodworking, metallurgy, chemistry). The current trends raise concerns about the potential acceleration of inflation.

Suggested Citation

  • Kaukin Andrey & Miller Eugenia, 2021. "Industrial Production Dynamics in March-April 2021 [Динамика Промышленного Производства В Марте-Апреле 2021 Г]," Russian Economic Development, Gaidar Institute for Economic Policy, issue 6, pages 18-22, June.
  • Handle: RePEc:gai:recdev:r2162
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    File URL: http://www.iep.ru/files/RePEc/gai/recdev/r2162.pdf
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    Citations

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    Cited by:

    1. Kaukin Andrey & Miller Eugenia, 2021. "Динамика Промышленного Производства В Мае-Июле 2021 Г.: Факторы Роста," Russian Economic Development (in Russian), Gaidar Institute for Economic Policy, issue 9, pages 27-32, September.
    2. Kaukin Andrey & Miller Eugenia, 2021. "Industrial Production Dynamics in May-July 2021: Growth Factors [Динамика Промышленного Производства В Мае-Июле 2021 Г.: Факторы Роста]," Russian Economic Development, Gaidar Institute for Economic Policy, issue 9, pages 27-32, September.

    More about this item

    Keywords

    industrial sector; sectors of economy; mining industry; manufacturing; Rosstat; OPEC+ deal;
    All these keywords.

    JEL classification:

    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
    • L6 - Industrial Organization - - Industry Studies: Manufacturing
    • L7 - Industrial Organization - - Industry Studies: Primary Products and Construction
    • L8 - Industrial Organization - - Industry Studies: Services
    • L9 - Industrial Organization - - Industry Studies: Transportation and Utilities

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