The Central Bank of Russia published its latest Monitoring of Businesses update, indicating that growth in business activity slowed in June as the Business Climate Index fell to 2.9 points from 4.8 in May. Current estimates of output and demand were below May levels and companies’ short-term expectations became more moderate. Companies’ price expectations continued to decline for the sixth consecutive month. Further detail is provided in the June issue of the information and analytical commentary Monitoring of Businesses: Assessments, Expectations and Comments.
Central Bank of Russia 2025-06-19
Central Bank of Russia reports June Business Climate Index falling to 2.9 points and price expectations easing for sixth month
The Central Bank of Russia reported a slowdown in business activity in June, with the Business Climate Index dropping to 2.9 points from 4.8 in May. Output and demand estimates fell below May levels, and companies' short-term expectations moderated. Price expectations declined for the sixth consecutive month.