MAYOR forecast in the light of the crisis

The site MAYOR published the main parameters of social and economic development in 2009. It was considered the consequences of the global crisis on the Russian economy. The main decline in the Russian economy, as expected, according to the export-oriented raw materials industries: chemical complex (74,2% - November to November 2007), metallurgy (86.7%), wood processing and manufacturing of wood products (81, 4%), pulp and paper industry (85%). However, due to good results of the first half in these sectors, except for the chemical industry and metallurgy, as a result, the expected positive growth of production, the report says. Notably, in November increased input of dwellings was only 0.1% compared with November 2007 and year-end growth of housing construction is 4%. Although in general the following year, the growth of construction is expected to reach 12.9 percent, according to IEG. Key indicators of the Russian economy (as% of corresponding period of previous year) 2007 2008 January-November, IV quarter year in January-November IV quarter (estimate) per year (estimate) GDP1) 107.9 109.5 108.1 106.5 102 5 106.0 Consumer Price Index for the period 110.6 104.0 111.9 112.5 102.6 113.5 Index of industrial proizvodstva2) 106.4 106.4 106.3 103.7 91.8 102, 0 Manufacturing 109.7 107.8 109.5 105.4 87.3 102.6 The index of agricultural production 103.3 103.1 103.3 109.2 114.5 108,5-109,0 Retail 115.9 116.7 116.1 114.1 109.9 113.6 Investment in fixed assets 120.4 120.6 121.1 111.3 102.2 109.2 Scope of activity "Construction" 117, 0 118.5 118.2 114.5 104.4 112.9 Commissioning of residential buildings 129.2 109.9 120.6 104.6 104.7 104.0 Real disposable personal income 111.9 113.0 112.1 105.0 97.5 104.0 Real wages 116.1 116.1 117.2 111.83) 108.6 111.6 Exports of goods, $ bn 315.8 109.5 354.4 442.71) 94.6 469.1 Imports of goods, $ bn 198.7 69.6 223.5 268.41) 73.3 292.5 Average price for crude oil Urals, $ / bbl 67.9 85.9 69.3 99.4 54.8 94.6 1) Assessment of Economic Development. 2) The aggregate index of production of activities "Mining and quarrying", "manufacturing", "Production and distribution of electricity, gas and water, with due regard for informal activities. 3) Preliminary data