A poll of Russian enterprise directors shows that Russian businessmen are slightly less pessimistic than they have been in the past, Finansovye izvestiya reported June 6. Some 68 percent of them said that the situation in the country’s economy was bad, down from over 80 percent who agreed with that statement a year ago. Almost all had seen their output decline in the past year, and most expected that to continue. The consensus estimate was that production would fall about 4 percent over the next quarter and that wholesale prices would rise 29 percent over that period.
One Russian In Ten Does Not Have Enough to Eat.