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Industrial Production Dynamics in Q2 2022

Andrey S. Kaukin – Acting Head of the Scientific Direction «Real sector» of the Gaidar Institute for Economic Policy; Head of Department for System Analysis of Sectorial Markets of the Russian Presidential Academy of National Economy and Public Administration, Candidate of Economic Sciences (Moscow, Russia). Е-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). Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

In Q2 2022, the industrial production volume decreased. Slow growth was observed only in the mining industry on the back of the extraction of minerals (except for fuel and energy) and industries related to the provision of services in the extractive sector. Manufacturing industries began to feel the effects of sanctions imposed on Russia due to the events in Ukraine, which manifested itself in a decline in production owing to a drop in exports, a lack of necessary components and materials.

Key words: industrial sector, sectors of economy, mining industry, manufacturing, Rosstat, sanctions.

JEL-codes: L16, L6, L7, L8, L9.