The Central Bank of Russia published its February “Monitoring of Businesses” update showing that economic activity growth accelerated, with the Bank of Russia’s Business Climate Index rising to 5.2 points from 3.9 points in January. Compared with the previous month, surveyed companies reported greater optimism about current business conditions and their three-month outlook. Companies’ price expectations dropped sharply in February for the first time since the first quarter of 2024, with further detail provided in the February issue of the “Monitoring of Businesses: Assessments, Expectations and Comments” analytical commentary.
Central Bank of Russia 2025-02-19
Central Bank of Russia reports a rise in its Business Climate Index as companies’ price expectations fall
The Central Bank of Russia's February "Monitoring of Businesses" update indicates accelerated economic activity growth, with the Business Climate Index rising to 5.2 points from 3.9 in January. Surveyed companies expressed increased optimism about current conditions and their three-month outlook, while price expectations fell sharply for the first time since early 2024.