Abstract

According to business surveys carried out by the Gaidar Institute, in Q1 2015 the Russian industry managed to escape the crisis output gap despite a slow recovery of demand after January holidays. The latter factor does not suit a growing number of enterprises which judging by the estimates of stocks of finished products confidently control for the time being the balance between demand and supply. Slowdown of growth in prices, reduction of the banking rate and breaking of the negative trend in investment plans appear explicitly positive.

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