{"title":"Russian Real Sector of the Economy in May 2015: Factors and Trends","authors":"O. Izryadnova","doi":"10.2139/SSRN.2640052","DOIUrl":null,"url":null,"abstract":"The decline in economic growth rates in 2015 is determined by contraction in both investment and consumer demand. Fixed investment in May 2015 decreased by 7.6 % and retail turnover by 9.2% compared to May 2014. The narrowing of domestic demand increased the downtrend in industrial production. On a year-over-year basis, the manufacturing output index in May 2015 stood at 91.7% and the mineral extraction index was 99.1%.","PeriodicalId":326599,"journal":{"name":"PSN: Europe & Eurasia (Comparative) (Topic)","volume":"7 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2015-07-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"PSN: Europe & Eurasia (Comparative) (Topic)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/SSRN.2640052","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
The decline in economic growth rates in 2015 is determined by contraction in both investment and consumer demand. Fixed investment in May 2015 decreased by 7.6 % and retail turnover by 9.2% compared to May 2014. The narrowing of domestic demand increased the downtrend in industrial production. On a year-over-year basis, the manufacturing output index in May 2015 stood at 91.7% and the mineral extraction index was 99.1%.
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