The Central Bank of Russia published its latest “Monitoring of Businesses” update, showing business activity broadly unchanged in May while firms’ price expectations continued to ease. The Bank of Russia’s Business Climate Index rose slightly to 5.1 points in May from 5.0 points in April. Businesses reported improved assessments of current conditions, but short-term expectations became more moderate. Price expectations declined for the fifth consecutive month.
Central Bank of Russia 2025-05-22
Central Bank of Russia reports business activity steady in May as price expectations fall for fifth month
The Central Bank of Russia's latest "Monitoring of Businesses" update indicates stable business activity in May, with a slight rise in the Business Climate Index to 5.1 points. Firms reported improved current conditions but more moderate short-term expectations, while price expectations declined for the fifth consecutive month.