The Central Bank of Russia reported that its Business Climate Index rose to 1.2 points in October from minus 2.4 points in September. Companies gave stronger assessments of current output and demand and improved their expectations for both measures over the next three months. Short term price expectations declined, while nonprice lending conditions tightened slightly. Investment activity in the third quarter of 2026 was unchanged from the second quarter, but expectations for the fourth quarter reached a three quarter high, indicating potential growth. Capacity utilization declined from the second quarter but remained above its 2017-2019 level, while staffing levels improved.
Central Bank of Russia reports Business Climate Index rebound to 1.2 points in October
The Central Bank of Russia’s Business Climate Index rose to 1.2 points in October from minus 2.4 points in September as companies reported improved output and demand conditions and expectations. Price expectations declined, while fourth quarter investment expectations reached a three quarter high.