Experts named the sectors of the Russian economy most vulnerable to sanctions

Experts named the sectors of the Russian economy most vulnerable to sanctions
Photo is illustrative in nature. From open sources.
Stopping the supply of semiconductors, problems with logistics and inflation have become the most severe consequences of sanctions for the Russian economy, the CMASF is sure. Among the industries under attack were pharmaceuticals,

The sanctions imposed by "unfriendly countries" have led to a number of serious consequences for the Russian economy, follows from the report of the Center for Macroeconomic Analysis and Forecasting (CMASF), which was reviewed by RBC. Among them, in particular, problems with imports to RUSSIA and exports of Russian products, logistical difficulties, inflation, suspension of foreign companies in the country.

The CMASF economists attributed the following to the most severe effects of sanctions.

Stopping supplies of semiconductors from Taiwan (the local manufacturer TSMC occupies more than 50% of the world market, according to the CMASF review). Semiconductors are also needed for the production of gadgets and auto electronics. Logistical problems in the European direction, which arise not only for commodity items subject to sanctions, but in general for all transactions with Russia, since the customs authorities of the EU countries have tightened the regime for checking cargo. The situation is aggravated by the inability to quickly reorient to CHINAdue to existing congestion at border crossings. A sharp increase in inflation: according to the estimates of the Ministry of Economic Development, annual inflation as of March 11 reached 12.5% ​​per annum. In a March survey by the Bank of Russia, economists predicted that inflation in the country at the end of 2022 would be 20%.

Read together with it: