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Monitoring businesses: moderate expansion of business activity continues

15 October 2025
News

In October, the Bank of Russia’s Business Climate Index came in at 2.6 p vs 1.2 p in the previous month.

Current output and demand estimates of companies were up compared to the September level and their three-month ahead expectations became even more positive than in the previous month.

However, business price expectations increased for the first time since January 2025. The growth of companies’ investment activity continued in 2025 Q3.

More details are available in the October issue of the information and analytical commentary Monitoring of Businesses: Assessments, Expectations and Comments.

Preview photo: Igor Onuchin / TASS