Monitoring sectoral financial flows: growth in sectors focused on domestic demand
7 March 2024
News
In February 2024, the amount of payments made through the Bank of Russia payment system (net of cash inflows in mining and quarrying, petroleum products manufacture, and general government) increased by 2.1% compared to 2023 Q4. The key drivers were investment demand sectors.
In general, the amount of payments was slightly below the 2023 Q4 average. The main contributors to the decrease in revenues were export-oriented industries, primarily the oil and gas sector.
More details are available in the new issue of the review Monitoring of Sectoral Financial Flows.