Survey of Current Business (September-December 2018)

Sergey Aukutsionek – Head of Center for Transition Economy Studies, Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences, Candidate of Economic Sciences. E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Andrey Yegorov – Research fellow of the Center for Transition Economy Studies, Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences, Candidate of Economic Sciences. E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Tatyana Serzhantova – Senior Research fellow of the Center for Transition Economy Studies, Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences. E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Stanislav Belyakov – Research fellow of the Center for Transition Economy Studies, Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences. E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Many of the surveyed by REB indicators in September remained in the zone of low values, and some continued to decline. The diffusion indices of wage, employment and output are falling fourth month in a row. For the same period of time is growing the share of enterprises that do not purchase equipment for 2 or more months successively: from June – the most «successful» in terms of investment month – by September it increased by 23 percentage points and reached 51% – the maximum value in 2 years. The diffusion index of expected in three months financial condition lost 12 points. Last time it was so low at the beginning of 2009.

At the same time, in September the volume of orders increased by 7 points (relative to the normal level for this month).

Key words: industry, industrial enterprises, price level, wages, employment, output, investment, indebtedness to banks, order-book level, stocks of finished products, capacity utilization rate, risk of bankruptcy, economic policy, crisis duration.