Russian business problems are explained by increasing the cost of raw materials, ingredients, wages, as well as increasing tariffs and complex logistics chains.
According to official numbers, Russian economic problems have become more pronounced. According to last year’s results, the income of Russian companies costs 30.4 trillion rubles, 6.9% less than 2023. The Moscow Times reported it.
Due to the prices of prices, income collapse is about 15%. The total results of unprofitable companies have also deteriorated significantly, rising 37.7% to 7.2 trillion rubles.
Russian business problems are explained by increasing the cost of raw materials, ingredients, wages, as well as increasing tariffs and complex logistics chains. As a result, the cost of the products is increasing, which negatively affects the economy of the Russian Federation.
One of the main factors that contributes to the destruction of the economic situation is the high rate of loans and western sanctions that international trade is complicated and reduces demand for products. At the same time, the Central Bank of Russia noted that its policy helps the Russian business to limit costs, increases basic rates and suppressing inflation.
Among the most affected industries is trade (a reduction in income of 39%), the financial sector (-18%), energy and utility (-35%). In the coal industry, companies suffer from significant losses, which cost more than 100 billion rubles.
Lowering companies’ income is one of the reasons for the central bank’s unexpected decision not to increase the main rate in late December. This can signal a decrease in economic activity, as the possibilities for increasing the demand of companies for labor reasons, especially for labor sources, are limited, the leaders of the central bank indicated in the discussion.
At the same time, despite the reduction in revenue, the income tax in 2023 increased by 1.6% to 8.1 trillion rubles. Made it possible thanks to increasing security rates on security income.
Remember that Russians generally believe that penalties do not harm their country or themselves. So think of most respondents at the Levada Center – 86% of the total number of respondents. Only 12% of the respondents reported their problems due to penalties.
Source: korrespondent
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