Real Economy: Trends and Factors in Q1 2013

Abstract

In Q1 2013 the slowdown of the economic growth was determined both by the decrease in the external demand by 4.6% versus the corresponding period of the previous year and the sudden weakening of the internal demand dynamics. In Q1 2013 the indices of the industrial growth and the volumes of investments in fi xed assets remained at the level of the previous year. The rates of retail trade turnover in Q1 2013 nearly halved as compared with the corresponding period of the previous year and made 3.9% while the growth rates of the real disposable incomes went up to 5.3% versus 1.6% a year ago. The level of the unemployment in Q1 2013 remained below the indices of the corresponding period of the previous year but exceeded the indices of Q4 2012