Regional Economy report: companies adjust to external restrictions, investment activity rises
Influenced by external restrictions, businesses were rearranging their production chains and changing the range of products in October—November. The redirection of trade flows increased the utilisation rates of Southern and Far Eastern seaports. Some industries demonstrated higher demand for manpower.
Annual inflation continued to edge down due to moderate consumer demand and expanding supply of certain goods. The growth of household lending slowed down. Corporate borrowers’ activity remained high, although banks somewhat tightened lending conditions.
This issue of the report focuses on investment activity amid the structural transformation of the economy and on regional budgets.
More details are available in the new issue of the report Regional Economy: Commentaries by Bank of Russia Main Branches.