-

Survey of Current Business (January-April 2021)

Sergey P. 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 (Moscow, Russia). E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Andrey S. Yegorov – Senior Researcher 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 (Moscow, Russia). E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Inessa A. Bachirova – Senior Researcher of the Center for Transition Economy Studies, Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences (Moscow, Russia). E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

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

In January 2021, the diffusion index of prices for manufactured products added 20 percentage points and reached 69%, and the similar index for purchased products added 10 points, rising to 90%. For both indicators, these are the maximum values for the last 6 years. Due to the long New Year holidays, many indicators of January are traditionally significantly lower than of December. For example, we can mention the diffusion indices of output (-35 points), order-book level (-13) and equipment purchases (-12), but their values were better than the January indicators of 2019–2020. Growing for the second month in a row, the diffusion index of three-month expectations for equipment purchases reached 51% for the first time since we started to collect data for it in 1993.

Key words: Russia, industry, industrial enterprises, price level, wages, employment, output, investment, indebtedness to banks, order-book level, stocks of finished products, capacity utilization rate, financial situation, production restrictive factors.

JEL-codes: D22, D24, G31, L23, P23.