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Russia’S Real Sector Of The Economy In January 2016: Factors And Trends

Author

Listed:
  • Olga Izryadnova

    (Gaidar Institute for Economic Policy)

Abstract

In January 2016, retail trade turnover decline by 7.3% and fall of investments in fixed capital by 8.4% have significantly affected domestic market. Dynamic of consumer market was determined to simultaneous decrease of demand on food products by 6.3% and on non-food products by 7.2% in comparison with 2015. In January 2015, the market of investment goods and services was characterized by contraction of works in construction by 4.2% per annum. Industrial production in January of the current year against January 2015 in annual terms constituted 97.3%, meanwhile the extraction of natural resources saw growth by 0.4% and the manufacturing industry registered decline of output by 5.6%. Total number of jobless against January 2015 went up by 6.2% and of the officially registered ones by 10.1%.

Suggested Citation

  • Olga Izryadnova, 2016. "Russia’S Real Sector Of The Economy In January 2016: Factors And Trends," Russian Economic Development, Gaidar Institute for Economic Policy, issue 3, pages 49-53, March.
    • Handle: RePEc:gai:recdev:706
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    More about this item

    Keywords

    Real economy; trends; Russian Economy;
    All these keywords.

    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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