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Survey of Current Business (December 2020 – March 2021)
[Хозяйственное Обозрение (Декабрь 2020 – Март 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)

  • Serzhantova Tatyana

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

  • Belyakov Stanislav

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

Abstract

December 2020 showed record high values for a number of key indicators. Capacity utilization rate (86%) and labor utilization rate (96%) reached maximum values for almost 30 years of observation. The order-book level reached 92%; it was higher only twice in 2007. The diffusion indices of wages (+17 percentage points), production and purchases of equipment (+10 pp each), order-book level (+7 pp) were noticeably better than in November. At the same time, 89% of enterprises participating in the survey expect an increase in prices for purchased products in three months. The corresponding diffusion index, which had not been so high for about two years, also rose to 93.

Suggested Citation

  • Aukutsionek Sergey & Yegorov Andrey & Serzhantova Tatyana & Belyakov Stanislav, 2021. "Survey of Current Business (December 2020 – March 2021) [Хозяйственное Обозрение (Декабрь 2020 – Март 2021 Гг.)]," Russian Economic Development, Gaidar Institute for Economic Policy, issue 3, pages 24-31, March.
    • Handle: RePEc:gai:recdev:r2130
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