Business Confidence in Russia decreased to -6 Index Points in November from -5 Index Points in October of 2018. Business Confidence in Russia averaged -3.26 Index Points from 2005 until 2018, reaching an all time high of 7 Index Points in July of 2007 and a record low of -20 Index Points in December of 2008.

Business Confidence in Russia is expected to be -2.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Russia to stand at 1.00 in 12 months time. In the long-term, the Russia Business Confidence is projected to trend around 6.00 Index Points in 2020, according to our econometric models.

Russia Business Confidence
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-24 01:00 PM Business Confidence -3 -2 -1
2018-09-26 01:00 PM Business Confidence -3 -3 -2
2018-10-26 01:00 PM Business Confidence -5 -3 -2
2018-11-27 01:00 PM Business Confidence -6 -5 -4
2018-12-26 01:00 PM Business Confidence -6 -2
2019-02-01 01:00 PM Business Confidence
2019-03-01 01:00 PM Business Confidence


Russia Business Last Previous Highest Lowest Unit
Business Confidence -6.00 -5.00 7.00 -20.00 Index Points [+]
Manufacturing PMI 52.60 51.30 54.70 47.60 [+]
Services PMI 55.60 56.90 58.40 41.30 Index Points [+]
Industrial Production 3.70 2.10 17.70 -16.90 percent [+]
Industrial Production Mom 5.80 2.50 24.40 -26.10 percent [+]
Manufacturing Production 2.70 -0.10 27.10 -28.10 percent [+]
Capacity Utilization 64.00 65.00 66.00 38.00 percent [+]
Changes in Inventories 935.10 85.90 2129.00 -1206.50 RUB Billion [+]
Total Vehicle Sales 167494.00 160425.00 291020.00 39497.00 [+]
Car Production 121.60 106.90 187.00 18.20 Thousand Units [+]
Car Registrations 167494.00 160425.00 291020.00 39497.00 [+]
Leading Economic Index 2.50 1.10 9.90 -11.80 percent [+]
Internet Speed 11846.17 11607.38 12288.46 1909.63 KBps [+]
IP Addresses 19163474.00 19200437.00 19200437.00 2137082.00 IP [+]
Steel Production 6020.00 5910.00 6804.00 3130.00 Thousand Tonnes [+]
Mining Production 7.40 6.90 10.80 -7.70 percent [+]
Cement Production 6.38 6.47 7.70 1.60 Millions of Tonnes [+]
Competitiveness Index 65.62 63.97 65.62 4.13 Points [+]
Competitiveness Rank 43.00 45.00 67.00 43.00 [+]
Composite Pmi 55.00 55.80 58.30 44.70 [+]
Bankruptcies 3431.00 3111.00 3696.00 1103.00 Companies [+]
Corporate Profits 10151.70 8572.00 11285.10 -224.00 RUB Billion [+]
Corruption Index 29.00 29.00 29.00 21.00 Points [+]
Corruption Rank 135.00 131.00 154.00 47.00 [+]
Ease of Doing Business 31.00 35.00 124.00 31.00 [+]


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. This page provides - Russia Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Business Confidence - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-6.00 -5.00 7.00 -20.00 2005 - 2018 Index Points Monthly




Country Last Previous
Australia 3.00 Nov/18
Brazil 63.20 Nov/18
Canada 57.20 Nov/18
China 50.00 Nov/18
Euro Area 1.09 Nov/18
France 105.00 Nov/18
Germany 102.00 Nov/18
India 64.90 Jun/18
Indonesia 108.05 Sep/18
Italy 104.40 Nov/18
Japan 19.00 Sep/18
Mexico 49.90 Nov/18
Netherlands 7.20 Nov/18
Russia -6.00 Nov/18
Saudi Arabia 3.00 Jun/16
Singapore -1.00 Sep/18
South Africa 31.00 Dec/18
South Korea 73.00 Nov/18
Spain -0.20 Nov/18
Switzerland 99.10 Nov/18
Turkey 92.80 Nov/18
United Kingdom -16.00 Dec/18
United States 59.30 Nov/18


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