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Monitoring businesses: business climate estimates edge down but stay close to their highs

20 June 2024
News

Business activity continued to grow in June. The Bank of Russia’s Business Climate Index exceeded the 2024 Q1 average, approaching twelve-year highs, despite a 10.4-point drop.

The businesses’ estimates of current demand and output were higher than a month ago. However, companies’ short-term expectations were slightly more moderate.

Businesses’ price expectations were up. Further details are available in the June issue of the information and analytical commentary Monitoring of Businesses: Assessments, Expectations and Comments.

Preview photo: Pyotr Kovalyov / TASS