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Industrial Production Dynamics in Q3 2019: Market Factors

Andrey S. Kaukin – Head of Department for System Analysis of Sectoral Markets of the Russian Presidential Academy of National Economy and Public Administration; Head of Sectoral Markets and Infrastructure 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.

Eugenia M. Miller – Senior Researcher of the Russian Presidential Academy of National Economy and Public Administration (Moscow, Russia). E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Based on the results of Q3 2019, the industrial production demonstrated growth which was facilitated by positive dynamics both in the primary and manufacturing sectors. At the same time, it is not absolutely certain that growth will continue in the long-term prospect. In the past few months, output growth observed in a number of sectors can be largely explained by a favorable market situation, but it cannot be maintained amid shrinking domestic demand. 

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