Some Economic Results Of The Outgoing Year 2001

From January to November, this year, the growth of the Gross Domestic Product (GDP) in Russia amounted to five percent, the industrial output increased by 5.1 percent, the inflation equalled 16.7 percent (against the same period last year - 18.2 percent). As has been reported by the Russian State Committee for Statistics, the exports of Russian goods dropped this year by nearly a billion dollars. They amounted to $94.3 billion. However, the imports went up considerably and amounted to $47.7 billion (in the same period last year the figure was $40 billion). The growth in industry from January to November amounted to 5.2 percent, in agriculture - 6 percent, in civil engineering - 9 percent, and in services - 4.2 percent. The retail trade grew by 10.5 percent. According to the preliminary estimates, at the end of the year it will amount to three trillion roubles (one American dollar = 30.20 roubles). The consumption of foodstuffs in the country went up by 7.4 percent, and that of nonfood goods - by 13.4 percent. The average monthly wage in Russia increased by 46.2 percent. According to the November data, it equalled 3,655 roubles. The growth in the real wages has been estimated at 20 percent. This year, the government twice carried out indexation of pensions. At the present time, the average monthly pension in the country is 1,134 roubles, that is, 1.4 times more than at the beginning of the year.

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