Business activity continued to grow in June, according to the Bank of Russia’s Business Climate Index. The index exceeded the 2024 Q1 average, approaching twelve-year highs despite a 10.4-point drop.
Businesses' estimates of current demand and output were higher than a month ago. However, companies’ short-term expectations were slightly more moderate.
Businesses' price expectations were up. Further details are available in the June issue of the information and analytical commentary "Monitoring of Businesses: Assessments, Expectations and Comments."
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