There is no longer any capacity: - in mining, against the backdrop of sanctions, the utilization rate has dropped to its lowest level since the beginning of at least 2019; - in the manufacturing industry, the load level has already dropped to 70% (seasonality has been eliminated), which can be assessed as “the absence of capacity restrictions on growth.” In the II quarter industrial profitability continued to fall. Its level is almost equal to the record low values of the COVID period. The gap with the loan rate has reached an absolute record. This situation obviously disincentivizes investment activity, which reduces forward-looking potential output, limits supply expansion in the medium term and thus, other things being equal, contributes to higher inflation in the future.
Production capacity utilization, in the third quarter. in general, the economy continues to fall, and frontally. "In the economy as a whole" problems of overload
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Azovpromstal® 20 November 2025 г. 08:00 |
