The Bank of Russia has reported a decrease in its Business Climate Index, which stood at 2.9 points in June compared to 4.8 points in May. This decline reflects lower current estimates of output and demand, with companies showing more moderate short-term expectations.
The report also notes that companies’ price expectations have been decreasing for the sixth consecutive month. More information can be found in the June issue of the information and analytical commentary “Monitoring of Businesses: Assessments, Expectations and Comments.”
