Abstract

In January–September 2014, the index of physical volumes of GDP amounted to 100.8% on the respective period of 2013. The positive factors behind positive quarterly dynamics of GDP are, firstly, the speed-up of growth rates of manufacturing industries to 3.6% year-on-year in October 2014 against 0.6% a year before, secondly, growth in consumer demand though its rates are much lower than the index of October 2013 and, thirdly, growth in the net export despite a decrease in the foreign trade turnover. In January–October 2014, a 2.5% reduction in investments in capital assets on the respective period of the previous year had a negative effect on the domestic market.

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