Shortterm economic statistics in the Russian Federation

1
Short-term economic statistics in the Russian
Federation
OECD Short-term Economic Statistics Working
Party 25-27 June 2007 Paris

• Federal State Statistics Service
• Igor Uliyanov

2

• The Soviet economic statistics
• The Soviet infra-annual statistics was not
  oriented to reveal and analyse month-to-month
  changes
• Reforms in 90ies
• in 1992 Russian statisticians started to
  calculate industrial production index and
  producer price index
• in 1994 - retail turnover index, real wage index
  and investments in fixed assets index

3
Questionnaires for enterprises

• In 1998 unified questionnaires for large-scale
  and medium-sized enterprises of all types of
  economic activities were introduced in Russian
  short-term economic statistics
• Data on the production of goods and services
  monthly questionnaire
• Data on the investments quarterly questionnaire
  
• Data on the financial position of enterprises
  monthly questionnaire
• Data on number, wages and movement of employees
  monthly questionnaire

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Key short-term indicators

• Turnover
• Shipments of goods produced and invoiced services
  provided
• End-of-month orders for products and services
• Production by products
• Industrial production index
• Producer price index
• Production volume in construction
• Production index in construction
• Completion of construction of buildings and civil
  engineering

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Key short-term indicators

• Retail trade turnover
• Retail trade turnover index
• Volume of services sold to households
• Index of services sold to households
• Average number of employees
• Accrued wages. Welfare payments
• Number of hours worked by employees

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Key short-term indicators

• Accounts receivables and payables, liabilities on
  credits and loans
• Long-term and short-term financial investments of
  enterprises
• Investments into fixed assets
• Investments into fixed assets index
• Profit before profit tax
• Profitability

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Selected Short-Term Indicators in the Russian
Federation (December 1995 100)
200
180
160
140
120
100
80
.
Jan. 92
60
40
20
0
Jan.92
Jan.05
Jan.94
Jan.95
Jan.96
Jan.97
Jan.98
Jan.99
Jan.00
Jan.01
Jan.02
Jan.03
Jan.04
Jan.06
Jan.93
Jan.07
Industrial production
Real wage
Accounts payables per 1 ruble of accounts
receivables
Profitability
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Short-term indicators that are not used in Russia

• Rosstat compiles the most short-term indicators,
  listed in the EU Council Regulation No 1165/98 of
  19.05.1998 on the short-term statistics. The
  exceptions are the following variables that are
  not in use in Russia
• - breakdown of the turnover into domestic and
  non-domestic
• - producer prices separately for the domestic and
  non-domestic markets
• - production of building construction and
  production of civil engineering separately
• - new orders for construction
• - building permits
• - construction costs, including material costs
  and labor costs.

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