Business Confidence in Russia decreased to -1 points in September from 0 points in August of 2021. source: Federal State Statistics Service

Business Confidence in Russia averaged -3.21 points from 2005 until 2021, reaching an all time high of 7 points in July of 2007 and a record low of -20 points in December of 2008. This page provides - Russia Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

Business Confidence in Russia is expected to be -5.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Business Confidence is projected to trend around -1.00 points in 2022, according to our econometric models.

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Russia Business Confidence

Calendar GMT Actual Previous Consensus TEForecast
2021-10-27 04:00 PM Oct -1.3 -1 -2
2021-11-24 04:00 PM Nov -2 -1.3 -2
2021-12-29 04:00 PM Dec -2

Related Last Previous Unit Reference
Business Confidence -2.00 -1.30 points Nov/21
Industrial Production 7.10 6.90 percent Oct/21
Industrial Production Mom 4.80 3.60 percent Oct/21
Manufacturing Production 4.50 5.10 percent Oct/21
Capacity Utilization 60.00 60.00 percent May/21
Changes in Inventories 1383.20 469.90 RUB Billion Jun/21
Car Production 136.20 146.50 Thousand Units Apr/21
Mining Production 10.90 9.00 percent Oct/21
Corporate Profits 19560.00 16924.60 RUB Billion Sep/21
Cement Production 4.92 3.89 Millions of Tonnes Apr/21
Russia Business Confidence
In Russia, the business confidence index measures morale among manufacturers. The index is calculated as the arithmetic average balances of assessments of actually existing levels of demand, stocks of finished products (with opposite sign) as well as change in output expected in the next 3 months. The index shows the difference between the percentage share of executives that are optimistic and the percentage of that is pessimistic. The index takes a value between -100 (all responding entities asses their situation as poor and expect it to become worse) up to 100 (all participants are satisfied with the current situation and expect it to improve); 0 indicates neutrality.