Industrial Production Dynamics in Q1 2023

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.

Despite the implications of anti-Russian sanctions, Q1 2023 saw slow growth in industrial production dynamics. The drivers of positive trends in the economy are the building sector and manufacturing industries whose products are aimed at meeting domestic demand or used as intermediate for the needs of the state defense order and building projects, including the development of railway and maritime infrastructure.

Key words: industry, sectors of the economy, mining industry, manufacturing industries, Rosstat, sanctions.

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