The Bank of Russia’s Business Climate Index registered at 4.8 points in March, a slight decrease from February’s 5.4 points. This indicates that the growth rate of economic activity has remained consistent over the past six months. Companies have shown more moderate assessments of current conditions compared to February but have improved their short-term expectations.
Price expectations among companies have been on a noticeable decline for two consecutive months, returning to figures seen in the first quarter of 2024.
Further insights can be found in the March issue of the information and analytical commentary titled “Monitoring of Businesses: Assessments, Expectations and Comments.”
