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Russian Real Sector Of Economy:Factors And Trends In April 2015

Author

Listed:
  • Olga Izryadnova

    (Gaidar Institute for Economic Policy)

Abstract

Russia’s GDP in Q1 2015 stood at 98.1% compared to that for Q1 2014, according to the data provided by the Russian Federal Statistics Service (Rosstat). The economic dynamics in 2015 are aff ected by weakening domestic demand and the increased downturn in the consumer market. The retail turnover index in April 2015 stood at 90.2% and fi xed investments at 95.2% compared with that for the corresponding period last year. The economic situation has been deteriorating through a 13.2% decline in real wages and a 8.4% increase of unemployment rate compared to that for April 2014..

Suggested Citation

  • Olga Izryadnova, 2015. "Russian Real Sector Of Economy:Factors And Trends In April 2015," Russian Economic Developments, Gaidar Institute for Economic Policy, issue 6, pages 21-23, June.
  • Handle: RePEc:gai:recdev:536
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    More about this item

    Keywords

    Real economy; trends;

    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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