The Central Bank of Russia published a new issue of its Monitoring of Sectoral Financial Flows review, reporting that incoming payments processed through the Bank of Russia rose by 9.3% in December, a faster pace than in the prior two months. Growth was reported across all industry groups, with rates exceeding typical seasonal patterns. The strongest increase was recorded in investment demand industries, where incoming payments were up 20.2% compared with the average level in 2024 Q3. While a December uptick is typical for these industries due to payments received for work performed over the year, the 2024 increase was higher than usual.
Central Bank of Russia 2025-01-16
Central Bank of Russia’s sectoral flows monitor shows incoming payments up 9.3% in December
The Central Bank of Russia's latest Monitoring of Sectoral Financial Flows review shows a 9.3% rise in incoming payments processed in December, surpassing the previous two months' growth. All industry groups experienced growth, notably investment demand industries, which saw a 20.2% increase compared to 2024 Q3, exceeding typical seasonal patterns.