Survey of Current Business (July-October 2018)

Sergey 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. E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Andrey Yegorov – Research fellow 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. E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

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

Stanislav Belyakov – Research fellow of the Center for Transition Economy Studies, Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences. E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

In July 2018, quite a significant part of REB’s indicators showed a noteworthy deterioration in values, especially against the background of exceptionally favorable indicators of the previous month. Thus, the diffusion index of output «lost» 16 percentage points, and of wages – 11. Equally alarming negative dynamics was demonstrated by some three-month expectations of diffusion indices: for example, the index of order-book level declined by 16 percentage points, and of employment even by 20. Capacity utilization rate significantly decreased; the share of financially sound enterprises became smaller by 17 percentage points, and the share of enterprises that did not purchase equipment for 2 or more months in a row, on the contrary, increased by 16 points.

Key words: industry, industrial enterprises, price level, wages, employment, output, investment, indebtedness to banks, order-book level, stocks of finished products, capacity utilization rate, risk of bankruptcy, economic policy, crisis duration.