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Survey of Current Business (March-June 2021)
[Хозяйственное Обозрение (Март-Июнь 2021 Гг.)]

Author

Listed:
  • Aukutsionek Sergey

    (Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences)

  • Yegorov Andrey

    (Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences)

  • Bachirova Inessa

    (Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences)

  • Serzhantova Tatyana

    (Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences)

Abstract

In March 2021, most of the key industrial indicators surveyed by the REB looked very optimistic, for example, the diffusion indices of wages (59%) and output (53%). The diffusion order book index has not been so high since 2012 – 58%, while the similar index of finished goods stocks, on the contrary, has not been so low since 2009 – 32%. The capacity utilization rate (86%) repeated its maximum of December 2020 – a record for the entire 30-year history of observations. Many three-month expectations look no less optimistic. The diffusion index of expected changes in wages reached a 6-year maximum (68%), and employment – a 9-year one (56%).

Suggested Citation

  • Aukutsionek Sergey & Yegorov Andrey & Bachirova Inessa & Serzhantova Tatyana, 2021. "Survey of Current Business (March-June 2021) [Хозяйственное Обозрение (Март-Июнь 2021 Гг.)]," Russian Economic Development, Gaidar Institute for Economic Policy, issue 6, pages 23-30, June.
    • Handle: RePEc:gai:recdev:r2163
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    More about this item

    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;
    All these keywords.

    JEL classification:

    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies
    • L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production
    • P23 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Factor and Product Markets; Industry Studies; Population

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