The Central Bank of Russia released a new issue of its Monitoring of Sectoral Financial Flows review, reporting that business activity continued to grow based on incoming payments processed via the Bank of Russia. March incoming payments were close to February levels and were 8.2% above the 2024 Q4 average. Excluding mining and quarrying, petroleum refining, and general government, incoming payments increased by 17.1%, while growth in 2025 Q1 averaged 14.8%. Incoming payments continued to rise in the consumer and investment demand sectors, but seasonally adjusted values fell below the 2024 Q4 figure in the public and external demand sectors.
Central Bank of Russia 2025-04-10
Central Bank of Russia monitoring shows business activity growing as incoming payments remain stable and exceed the 2024 Q4 average
The Central Bank of Russia's latest Monitoring of Sectoral Financial Flows review indicates continued growth in business activity, with March incoming payments 8.2% above the 2024 Q4 average. Excluding certain sectors, payments rose by 17.1%, with consumer and investment demand sectors showing increases, while public and external demand sectors saw seasonally adjusted declines.