The Bank of Russia has reported an increase in its Business Climate Index, rising to 5.2 points in February from 3.9 points in January. This marks the first acceleration in business activity growth since October 2024. Businesses have shown increased optimism regarding current conditions and their outlook for the next three months.
In addition, companies' price expectations saw a significant decline in February, marking the first such drop since the first quarter of 2024.
Further information can be found in the February edition of the "Monitoring of Businesses: Assessments, Expectations and Comments" report.