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Monitoring businesses: business climate estimates decrease

23 March 2026
News

In March, the Bank of Russia’s Business Climate Index equalled −0.1 p after 0.2 p in February. Companies were more cautious in their estimates of current output and demand than in the previous month. However, their expectations for the next three months improved.

Price expectations of businesses barely changed compared to February, remaining below the average level of 2025 Q4.

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

Preview photo: JU.STOCKER / Shutterstock / Fotodom