Russia Business Confidence  2005-2017 | Data | Chart | Calendar | Forecast

Business confidence in Russia edged up to -1 in April of 2017 from -2 in the previous month. It was the highest reading since August of 2013 as more manufacturers expect production to increase in the next three months (28 percent vs 27 percent in March) and less expect the demand to remain in the negative territory (-35 percent from -37 percent). Still, the economic situation is considered favorable by only 10 percent of the respondents (the same as in March) and satisfactory by 74 percent (73 in March). Also, the number of respondents which expect an improvement in an economic situation in the next 6 months fell to 26 percent from 32 percent in March with economic uncertainty, lack of demand and high taxes seen as the main challenges. Business Confidence in Russia averaged -3.33 from 2005 until 2017, reaching an all time high of 7 in July of 2007 and a record low of -20 in December of 2008.

Russia Business Confidence
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-03-01 01:00 PM Feb -2 -3 -5
2017-03-24 02:20 PM Mar -2 -2 -3
2017-04-26 01:00 PM Apr -1 -2 -2
2017-05-29 01:00 PM May -1 -1
2017-06-27 01:00 PM Jun -2
2017-07-26 01:00 PM Jul 0




Russia Business Last Previous Highest Lowest Unit
Business Confidence -1.00 -2.00 7.00 -20.00 [+]
Manufacturing PMI 52.40 52.50 54.70 47.60 [+]
Services PMI 56.60 55.50 58.40 41.30 Index Points [+]
Industrial Production 0.80 -2.70 17.70 -16.90 percent [+]
Industrial Production Mom 12.70 -0.60 24.40 -26.10 percent [+]
Manufacturing Production 1.00 -5.10 27.10 -28.10 percent [+]
Capacity Utilization 63.00 63.00 65.00 38.00 percent [+]
Changes in Inventories -612.50 2048.10 2260.40 -1206.50 RUB Billion [+]
Total Vehicle Sales 137894.00 106658.00 291020.00 39497.00 [+]
Car Production 98.20 113.00 187.00 18.20 Thousand Units [+]
Car Registrations 137894.00 106658.00 291020.00 39497.00 [+]
Leading Economic Index -0.60 0.50 9.88 -11.84 percent [+]
Mining Production 0.20 0.00 10.80 -7.70 percent [+]
Mni Business Sentiment 61.50 61.30 62.90 37.10 [+]
Steel Production 5585.00 6183.00 6804.00 3130.00 Thousand Tonnes [+]
Cement Production 2.70 3.40 7.70 1.60 Millions of Tonnes [+]
Competitiveness Index 4.51 4.44 4.51 4.13 Points [+]
Competitiveness Rank 43.00 45.00 67.00 43.00 [+]
Composite Pmi 56.30 55.40 58.30 44.70 [+]
Bankruptcies 2870.00 3166.00 3634.00 1103.00 Legal entities [+]
Corporate Profits 1649.40 982.70 11587.70 -224.00 RUB Billion [+]
Corruption Index 29.00 29.00 29.00 21.00 Points [+]
Corruption Rank 131.00 119.00 154.00 47.00 [+]
Ease of Doing Business 40.00 36.00 124.00 36.00 [+]


Russia Business Confidence Notes

In Russia, the business confidence index is based on the management reports of around 4000 companies representing three basic industries - subsurface resource extraction, processing and electricity, gas and water production and distribution. 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 April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-1.00 -2.00 7.00 -20.00 2005 - 2017 Monthly



Last
Albania -0.10 Mar/17
Angola -32.00 Sep/16
Armenia 51.00 Jun/16
Australia 6.00 Mar/17
Austria 1.90 Apr/17
Bangladesh 9.96 Dec/14
Belgium -0.80 Apr/17
Brazil 53.10 Apr/17
Bulgaria 27.20 Apr/17
Canada 61.10 Mar/17
Cape Verde 5.00 Mar/17
Chile 45.12 Mar/17
China 51.80 Mar/17
Colombia -0.10 Feb/17
Croatia 10.40 Apr/17
Cyprus 115.50 Apr/17
Czech Republic 95.10 Apr/17
Denmark 1.00 Apr/17
Ecuador 1170.90 Feb/17
Estonia 105.40 Mar/17
Euro Area 1.09 Apr/17
European Union 3.00 Apr/17
Finland 4.20 Apr/17
France 108.00 Apr/17
Georgia 17.50 Mar/17
Germany 112.90 Apr/17
Greece 94.90 Apr/17
Hong Kong 5.00 Jun/17
Hungary 4.70 Mar/17
India 57.20 Jun/16
Indonesia 106.70 Dec/16
Ireland 16.00 Dec/16
Israel 20.00 Mar/17
Italy 107.90 Apr/17
Japan 12.00 Mar/17
Kazakhstan 6.00 Mar/17
Latvia 1.80 Mar/17
Lithuania 0.00 Mar/17
Luxembourg 113.60 Apr/17
Macedonia 25.10 Mar/17
Malaysia 112.70 Mar/17
Maldives 49.00 Dec/16
Malta 114.60 Apr/17
Mauritius 97.50 Dec/16
Mexico 46.22 Mar/17
Mozambique 92.60 Jan/17
Netherlands 8.30 Apr/17
New Caledonia 88.60 Dec/16
New Zealand 11.00 Apr/17
Nigeria -29.00 Dec/16
Norway 1.10 Mar/17
Peru 44.00 Mar/17
Philippines 39.40 Mar/17
Poland 9.60 Apr/17
Portugal 1.80 Apr/17
Qatar 20.20 Sep/16
Romania 0.10 Apr/17
Russia -1.00 Apr/17
Saudi Arabia 3.00 Jun/16
Sierra Leone 66.10 Dec/13
Singapore 7.00 Mar/17
Slovakia 2.00 Apr/17
Slovenia 9.00 Apr/17
South Africa 40.00 Mar/17
South Korea 83.00 Apr/17
Spain 0.10 Apr/17
Sri Lanka 102.00 Dec/16
Sweden 108.60 Apr/17
Switzerland 106.00 Apr/17
Thailand 52.60 Mar/17
Turkey 111.20 Apr/17
Uganda 55.20 Mar/17
Ukraine 113.30 Mar/17
United Kingdom 1.00 Jun/17
United States 57.20 Mar/17