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Russian Industry 2018: Stagnant but not in Crisis

Sergey V. Tsukhlo – Head of Business Surveys Department of the Gaidar Institute, Candidate of Economic Sciences (Moscow, Russia). E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

2018 was a tough year for the Russian industry, according to surveys. On the one hand, there were no visible crisis-related changes, but on the other hand, positive trends of 2017 slowed in 2018, affecting industrial enterprises’ assessments of the situation in the industry. The pace of recovery from stagnation slackened.

Key words: Russian industry, demand, output, employment, stocks of finished goods, crediting of manufacturing, actual trends and expectations.