Russian Industrial Sector in 2018 : Slowdown of Exiting From Stagnation of 2012–2016 (Based on Surveys Findings)

Prolonged period of industrial business surveys conducted by the Gaidar Institute and representative range of indicators permit to resolve the first task – analyze the situation in the sector in 2018 – determine the place for the year 2018 in all the 27 years since the IET launched and carried out business surveys between 1992–2018. For this purpose, we will use aggregate indicators. The latter are usually calculated on a monthly basis on the findings obtained from monthly surveys. They became widely popular owing to promptness of the findings and shortage of data released on the Russian industrial sector. However, this approach to present surveys' findings complicates assessment of each year as a whole. That is why we analyze all consolidated indicators in a year-on-year basis