In October, economic activity experienced renewed growth following a period of slowdown over the previous four months. The Bank of Russia's Business Climate Index increased to 5.5 points from 4.6 points in September. Current output and demand estimates surpassed those of September. Companies maintained positive short-term expectations at levels consistent with the past two months.
Investment activity by enterprises continued its upward trend in the third quarter of 2024, albeit at a slower pace compared to the second quarter of the same year. Businesses' price expectations rose for the second consecutive month across most industries.
Further information can be found in the October issue of the information and analytical commentary "Monitoring of Businesses: Assessments, Expectations and Comments."