Russian Industry in March 2013

Abstract

The business opinion surveys carried out by the Gaidar Institute in March 20131 pointed to a worsening situation for Russian industrial enterprises. As a result, industrial enterprises began to lose confidence in the correctness of their production and marketing policies, and so were trying to push their output to match demand more closely. Their sales forecasts and output plans gave no reasons to expect that Russian industry might experience a rebound in growth – even if enterprises refrained from rising prices for their products.