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Survey of Current Business (February-May 2023)
[Хозяйственное Обозрение (Февраль-Май 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 February 2023, the level of the production capacity utilization rate for the second time in the history of REB’s observations (for the first time it happened in October 2022) amounted to a maximum of 89%. The level of the labor utilization rate is also almost at its maximum – 96% (compared to normal monthly level = 100%). The diffusion index of employment, having added 7 points per months, reached the maximum level for the entire 30-year history of observations – 58%. Among the diffusion indices of expected in three months changes, which in recent months look very optimistic, the output index should be noted. It added 2 more points and reached 69% – a value close to its maximum (it had raised higher only 5 times).

Suggested Citation

  • Sergey P. Aukutsionek & Andrey S. Yegorov & Inessa A. Bachirova & Tatyana V. Serzhantova, 2023. "Survey of Current Business (February-May 2023) [Хозяйственное Обозрение (Февраль-Май 2023 Г.)]," Russian Economic Development, Gaidar Institute for Economic Policy, issue 5, pages 51-59, May.
    • Handle: RePEc:gai:recdev:r2339
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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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