Sectoral financial flows: the economic recovery remains uneven

The economic recovery is uneven and fragile, it is noted in the next issue of “Monitoring of sectoral financial flows.”

The recovery process in some industries is characterized by complete normalization of the incoming streams, and in industries affected by the epidemic and under the influence of the transaction OPEC+, — stabilisation at a reduced level.

In the reporting week from 13 to 17 July, down deviation average daily volume of incoming payments from a “normal”1 level was 11.3% compared to 9.8% in the week from 6 to 10 July. Deviation down payments without taking into account the extraction, production of petroleum products and activities of state administration bodies amounted to 4.6% after a 3.3% a week earlier.

In the sectors of consumer demand in the week from 13 to 17 July saw a moderate deviation down 1.1%. In industry-oriented investment demand, also marked deviation down by 4.7%. In the group of industries oriented to external markets, the deviation of incoming payments, down from a “normal” level was 20.5%, slightly better than with the figure a week earlier.

1 the Average level of seasonally adjusted daily incoming payments for the period from January 20 to March 13, 2020.