Pandemic Restrictions Are Over: An Overview of Changes in the Main Economic Indicators of Enterprises. Part 1. Production, Prices, Employment, Financial Position of Enterprises and Profitability

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Pandemic Restrictions Are Over: An Overview of Changes in the Main Economic Indicators of Enterprises. Part 1. Production, Prices, Employment, Financial Position of Enterprises and Profitability
// Russian Economic Barometer (QuE). 2022. no. 4. P. 3-17

DOI: 10.20542/reb.eng-2022-4-3-17

Alexandra Batyaeva – Head of Group of the Interaction between Enterprises and Banks, Staff Member of the Center for Research in Transitional Economies, IMEMO.

Abstract. The article outlines the dynamics of production, prices, wages, employment and various indicators characterizing the financial state of enterprises during the pandemic period. It is shown that production and employment decreased during the COVID period not as considerably as it had been expected, and the indicators characterizing prices increased very significantly. Inflation processes speeded up during this period more actively than the indicators of physical output and employment decreased. Being at very low values by the beginning of the COVID period, the financial position of the surveyed enterprises significantly improved by its end and returned to the highs of the pre-pandemic period, and in terms of profitability and the share of companies who consider the probability of their bankruptcy in the coming year or two unrealistic reached record highs for the entire observation period.

Keywords: industry; industrial enterprise; output; employment; prices; wages; financial position of enterprises; profit; losses; profitability; probability of bankruptcy; COVID; pandemic restrictions


For citation:
Batyaeva A. Pandemic Restrictions Are Over: An Overview of Changes in the Main Economic Indicators of Enterprises. Part 1. Production, Prices, Employment, Financial Position of Enterprises and Profitability. Russian Economic Barometer (QuE), 2022, no. 4, pp. 3-17. https://doi.org/10.20542/reb.eng-2022-4-3-17



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