As before, the main obstacle to successful import substitution is the absence, in RF territory, of the production of equipment, equipment components and raw materials needed by Russian enterprises. The second issue associated with problematic import substitution is the low quality of domestic...

In the first months of 2019, Russian industry preserved output growth amid the recovery of the sales upward dynamics and around zero balance estimates of finished goods inventory. Nearly half of enterprises consider insufficient demand a major setback for significant output growth. Nevertheless,...