Thread by @jakluge

Just in: New batch of statistics on the Russian economy in June 2022!

Output in June 22 compared to June 21:
Cars: -89% (a few more than in May)
Trucks: -40%
Washing machines: -58.4%
Fridges/freezers: -52.3%

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rosstat.gov.ru/storage/mediab…

Industrial output in June 22 has not changed from May 22 (accounting for seasonal effects).

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We already know from #Gazprom's statistics:

Natural #gas production was down significantly in June, totalling 39.3bcm (May: 49bcm).

Russian gas production is now 23.3% lower than in June 21, reflecting the gas cut-off of the EU.

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Russian manufacturing continued to slide in June 22, taking into account seasonal factors (it always rises in June in absolute terms because of all the May holidays).

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Russia's tabacco industry continues to struggle:
Cigarettes: -32.4% yoy (down 16.6% from May 22)

Chemical industry also weaker:
Ammonia: -21% yoy (-6.6% from May 22)
Potash: -32.1% yoy (-6.5% from May 22)

Russian pharma continues to boom (also pharma imports): +16.5% yoy.

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There is a strong contraction in some corners of the #glass industry, especially sheet glass. In June 22, #Russia produced 2.4 million m², which is 64.5% less than in June 21 and 23.6% less than in May 22.

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Computer & electronics had a bad month. The reason could be exhausted inventory:

Semiconductors: -39.6% yoy.

Monthly comparison even more drastic:
May 22: 5.3 million pieces
June 22: 2.5 million pieces

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A closer look at the Russian automobile industry: There was a tiny rebound, but overall still in the deepest crisis (40%-90% less than last year).

13,400 cars (after 3,700 in May).
13,100 ICE motors (after 11,400 in May).
10,300 trucks (after 7,600 in May).

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Retail trade turnover in #Russia remains depressed, 9.6% below last year (in real terms).

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Wholesale turnover in #Russia continues to fall, now 18.3% below last year (in real terms).

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