25%

of industrial companies are anticipating further price increases in the next 3-4 months for the products they manufacture. 38% of enterprises expect growing prices for raw materials. This information comes from a monitoring study on the business climate in the production industry carried out by the Centre for Business Tendency Studies at the HSE’s ISSEK.

The upward trend in industrial prices was already evident this past February, but June saw the greatest share of companies forecasting rising prices over the next 3-4 months for their own goods and goods manufactured by other companies.

Expectations of inflation are holding steady against continued reductions in employee headcounts and financial resources.

The study analysed the views of leaders from 4,000 large and medium-sized Russian industrial companies.

Source: HSE website