The Central Bank of Russia published its latest “Monitoring of Businesses” update, showing that business activity continued to expand but at a slower pace, with the Business Climate Index falling to 3.8 points in January from 4.3 points in December. Three-month ahead demand and output expectations became more restrained, while business price expectations were unchanged in January after rising over the previous four months. The update also notes that business investment activity continued to grow in the fourth quarter of 2024.
Central Bank of Russia 2025-01-24
Central Bank of Russia reports slower business activity growth as Business Climate Index dips to 3.8 in January
The Central Bank of Russia's latest "Monitoring of Businesses" update indicates a slowdown in business activity, with the Business Climate Index dropping to 3.8 points in January from 4.3 in December. Three-month ahead demand and output expectations have become more restrained, while business price expectations remained stable in January. Business investment activity continued to grow in the fourth quarter of 2024.