Russian economy is coming out of depressive state, this proves the growth of the composite index of regional economic activity (REA), which turns a critical level into 50%. This is reported by Center of Development of High School of Economics (HSE).
«At that, the point of 50% was overcome (and even significantly outrun) by 3 out of 5 most important sectors and 6 out of 8 federal districts. Positive changes haven’t been so global for a long time». In January the index REA grew up to 54,4%.
The REA index in the industrial sector in January amounted to 80%, in wholesale trade and sphere of commercial services indexes reached 65%, but drop is still there in retail trade and construction.
Among federal districts the lowest economic activity demonstrates Ural district, where the index in January was 40%. A little better the situation looks in Central district, where REA index reached 46%.
But it is still too early to speak about a bustling economic growth, now this is only about returning to the stage of stagnation, say HSE experts."Generally, depth and territorial spread of the recession is slowly declining. Luring Russian economy into the phase of a slow (in fact on the edge of stagnation) growth is now a most likely scenario".
The Head of Ministry of Economic Development of Russia Maksim Oreshkin thinks, that Russia is coming out to a new course of economic growth.
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