Russian Industrial Sector in May 2019: Out of Stagnation

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.

In May, according to estimates of industrial enterprises, output and employment remained stable. Moreover, industry indicated its readiness to cut prices thus showing the termination of the VAT new rate pass–through into producers’ prices. Business’s forecasts retain high level of optimism maintained by growth of finished goods inventories.

Key words: Russian industry, Industrial Confidence Indicator, survey, demand, output, employment, stock of finished products, investment plans.