The Bank of Russia's Business Climate Index for November was recorded at 5.5 points, slightly up from October's 5.3 points. The growth in business activity remained close to the levels observed in October. Companies reported improved current estimates and short-term positive expectations regarding demand, while output estimates were described as moderate.
Businesses' price expectations increased for the third consecutive month, reaching a new local high since May 2022.
Further details can be found in the November issue of the information and analytical commentary "Monitoring of Businesses: Assessments, Expectations and Comments."
Preview photo: Yury Smityuk / TASS