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Industrial Production in Q3 2018: Near-Zero Growth

Andrey Kaukin – Head of Department for System Analysis of Sectoral Markets, Institute of Industry and Markets Infrastructures, Russian Presidential Academy of National Economy and Public Administration; Head of Sectoral Markets and Infrastructure Department of the Gaidar Institute, Candidate of Economic Sciences. Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Eugenia Miller – Research fellow of the Industrial Markets and Infrastructure Studies Department, Institute for Applied Economic Studies, Russian Presidential Academy of National Economy and Public Administration. Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

In Q3 2018, the movement of industrial production indices returned to a near-zero growth pattern, and first of all in the manufacturing sectors. In some industries, the slightly positive dynamics may have had to do, in part, with government support measures. Over the course of the same quarter, imports declined, most notably in the food industry, machine-building and chemical industry. However, this was not followed by industrial production decline, and so there is no reason, as yet, to speak of a general decline of demand across the national economy.

Key words: industry, economic sectors, mining industry and manufacturing, Rosstat.