Template-Type: ReDIF-Article 1.0
Author-Name: Andrei Kaukin
Author-Name-First: Andrei
Author-Name-Last: Kaukin
Author-Workplace-Name: Anastasia
Title: Industrial production dynamic in January-November 2025
Abstract: The industrial production dynamic in the Russian Federation in January-November 2025 demonstrated a transition to stagnation. This is evidenced by the near-zero growth rates of the trend component of the industrial production index. The extractive sector is showing signs of stabilization after a prolonged downward trend that lasted from early 2022 to April 2025. There is significant intra-industry differentiation in manufacturing: steady growth in the production of chemical fertilizers, as well as aircraft and other vehicles, contrasts with a decline in mechanical engineering, automotive manufacturing, and the pulp and paper industry. At the same time, there is stagnation in the construction sector due to a decline in mortgage demand and a decrease in housing starts.
Classification-JEL: L21, L52
Keywords: Russian economy, balance of payments, microfinance, international migration
Year: 2025
Issue: 32
Month: December
Pages: 6
File-URL: https://www.iep.ru/files/RePEc/gai/mreoen/mreoen-2025-32-1481.pdf
File-Format: application/pdf
File-Function: Revised Version, 2026
Handle: RePEc:gai:mreoen:mreoen-2025-32-1481