Economic calendar indicators

 
PIIS020736760008342-5-1
DOI10.31857/S020736760008342-5
Publication type Article
Status Published
Authors
Occupation: Director of the FBK Strategic Analysis Institute
Affiliation: FBK Strategic Analysis Institute
Address: Russian Federation
Affiliation: FBK Institute for Strategic Analysis
Address: Russian Federation
Affiliation: FBK Institute for Strategic Analysis
Address: Russian Federation
Journal nameObshchestvo i ekonomika
Editionissue 2
Pages34-49
Abstract

In the article, a time analysis of some macroeconomic indicators is represented, such as GDP, industrial production, construction, retail commodity circulation, freight turnover, agriculture, investment in fixed assets. The best / worst quarters (months) by the dynamics of some macroeconomic indicators have been identified, and an interpretation of the results presented. The “reverse base effect” is revealed, which means that a higher base for comparison with the corresponding period of the last year is not the reason for lower indicators, as one might expect, but, on the contrary, is the basis for the accelerated growth.

For Russian economy, the following conclusion is substantiated: in order to achieve sustainable, long-term and high economic growth, it is necessary to develop rapidly, increasing the growth base.

KeywordsKeywords: economic calendar indicators, the specifics of the dynamics of macroeconomic indicators, the “reverse base effect”
Received12.03.2020
Publication date17.03.2020
Number of characters32792
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