In October—November, consumer activity growth was more subdued than in the previous months. The expansion of retail lending slowed. Seasonally adjusted monthly price growth edged down in October, though remaining elevated across all macro-regions.
Economic growth continued. Increases in output were reported by chemical companies, shipbuilders, and producers of investment goods (equipment, vehicles). High domestic demand was conducive to growth in investment activity in most industries.
Special topics of this issue are investment activity in key sectors of the economy, producer price movements and price expectations, as well as the recovery of passenger air transportation amid sanctions.
More details are available in the December issue of the report Regional Economy: Commentaries by Bank of Russia Main Branches.
Preview photo: CeltStudio / Shutterstock / Fotodom
