HSE believes a recovery has begun in the Russian Federation industry

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Scientists from the Development Center of the National Research University Higher School of Economics (HSE) believe that since February 2023, the Russian industry has shown a stable recovery, which is typical of a short-term intensive recovery phase. This is stated in the new edition of the report “Intensity indexes of industrial production,” the agency reported. red blood cell.

The industrial production index, calculated by HSE according to the Rosstat database, increased by 1.2% in February, 0.5% in March and 0.8% in April, after falling 0.3% in January. Growth in May was only 0.04%, but this is due to the calendar features of May, as it had an unusually large number of working days and was not associated with a slowdown in industrial growth.

The report points out that the intense recovery in recent months is entirely due to the dynamics of the manufacturing industries, where the decline has already been surpassed.

In mining, the situation is different. Already in June 2022, production in this area recovered after a short period of decline, but then a slow decline started again.

In the opinion of HSE experts, there is the potential for a serious recovery in oil and gas production.

Previously reportedThat Russian producers of meat, butter and canned food began to increase the supply of products abroad, against the background of a decrease in exports in some sectors.

former Central Bank declaration about a possible increase in key rate.

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