Survey of Current Business (July-October 2023)

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 – 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 – 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 July 2023, capacity utilization rate continued to remain at a record high level (90% – the second place in the entire history of the REB’s observations since December 1991). The same can be said about labor utilization rate (99% – the first place, but a reiteration of the June value). In general, many of the indicators assessed by the REB in July looked quite optimistic: the order-book level amounted to 102% of the normal monthly level, equated to 100 (second place). The diffusion index of employment added 13 points per month and amounted to 57%. The diffusion index of expenditures for equipment reached 44% – the highest value in the last 1,5 years. At the same time, it should be noted that the indices of input prices (both actual and anticipated) remain high.

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.