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Survey of Current Business (May-August 2023)
[Хозяйственное Обозрение (Май-Август 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 May 2023, the level of capacity utilization rate reached 90% – the maximum value in REB in the entire history of observations since December 1991. In one percentage point from the maximum was the value of the labor utilization rate – 97%. In general, many indicators surveyed by the REB in May looked quite optimistic, for example, the diffusion wage index amounted to 61%. The only exception was the diffusion employment index, which fell by 15 percentage points per month to 44%. The most optimistic forecast was the diffusion index of the financial condition expected in three months, which reached 63% – the maximum value in the REB’s polls over the past 10 years.

Suggested Citation

  • Sergey P. Aukutsionek & Andrey S. Yegorov & Inessa A. Bachirova & Tatyana V. Serzhantova, 2023. "Survey of Current Business (May-August 2023) [Хозяйственное Обозрение (Май-Август 2023 Г.)]," Russian Economic Development, Gaidar Institute for Economic Policy, issue 8, pages 37-44, August.
    • Handle: RePEc:gai:recdev:r2365
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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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