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Survey of Current Business (January-April 2023)
[Хозяйственное Обозрение (Январь-Апрель 2023 Г.)]

Author

Listed:
  • Sergey P. Aukutsionek

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

  • Andrey S. Yegorov

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

  • Inessa A. Bachirova

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

  • Tatyana V. Serzhantova

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

Abstract

In January 2023, labor utilization rate reached 98% (of the normal monthly level, taken as 100%). This is the maximum value in the entire history of REB’s observations, although once already seen in March 2022. The diffusion indices of expected in three months’ changes of the indicators of wages (69%), order-book level (64%), employment (60%), financial condition (55%) looked very optimistic. The expected in three months’ diffusion index of output (67%), which increased by considerable 24 points from last month can be especially pointed out. The share of those who approved of the economic policy reached the highest value in the history of observations (41%), but it was already so high in September 2022, and the share of disapproving ones fell to 0% for the first time ever.

Suggested Citation

  • Sergey P. Aukutsionek & Andrey S. Yegorov & Inessa A. Bachirova & Tatyana V. Serzhantova, 2023. "Survey of Current Business (January-April 2023) [Хозяйственное Обозрение (Январь-Апрель 2023 Г.)]," Russian Economic Development, Gaidar Institute for Economic Policy, issue 4, pages 36-43, April.
    • Handle: RePEc:gai:recdev:r2330
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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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