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

Business confidence in Russia increased to -3 in January of 2017, compared to -8 the previous month. It is the highest reading since July last year, as more manufacturers expect production to increase in the next three months (to 24 percent from 7 percent in December) and demand remained in the negative territory (-37, the same as in December). The economic situation is considered favorable by only 10 percent of the respondents (7 percent in December) and satisfactory by 73 percent (76 in December). More respondents (31 percent from 21 percent in December) expect an improvement in an economic situation in the next 6 months with economic uncertainty, lack of demand and high taxes seen as the main challenges. Business Confidence in Russia averaged -3.32 from 2005 until 2016, 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)
2016-11-25 05:00 PM Nov -7 -6 -5
2016-12-26 01:40 PM Dec -8 -7 -8
2017-02-03 01:00 PM Jan -3 -8 -7
2017-02-28 01:00 PM Feb -3 -5
2017-03-27 01:00 PM Mar -4
2017-04-26 01:00 PM Apr -7




Russia Business Last Previous Highest Lowest Unit
Business Confidence -3.00 -8.00 7.00 -20.00 [+]
Manufacturing PMI 54.70 53.70 54.70 47.60 [+]
Services PMI 58.40 56.50 58.40 41.30 Index Points [+]
Industrial Production 2.30 0.20 17.70 -16.90 percent [+]
Industrial Production Mom -23.80 5.80 24.40 -26.10 percent [+]
Manufacturing Production 2.00 -1.60 27.10 -28.10 percent [+]
Capacity Utilization 64.00 64.00 65.00 38.00 percent [+]
Changes in Inventories 1222.10 65.00 1534.50 -1471.40 RUB Billion [+]
Total Vehicle Sales 77916.00 145668.00 291020.00 39497.00 [+]
Car Production 98.20 113.00 187.00 18.20 Thousand Units [+]
Car Registrations 77916.00 145668.00 291020.00 39497.00 [+]
Leading Economic Index -0.60 0.50 9.88 -11.84 percent [+]
Mining Production 3.30 2.10 10.80 -7.70 percent [+]
Mni Business Sentiment 61.50 61.30 62.90 37.10 [+]
Steel Production 6183.00 6213.00 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 58.30 56.60 58.30 44.70 [+]
Bankruptcies 2870.00 3166.00 3634.00 1103.00 Legal entities [+]
Corporate Profits 10023.80 9030.80 10023.80 -152.50 RUB Billion [+]
Corruption Index 29.00 27.00 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 February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-3.00 -8.00 7.00 -20.00 2005 - 2017 Monthly



Last
Albania -0.10 Dec/16
Angola -32.00 Sep/16
Armenia 51.00 Jun/16
Australia 10.00 Jan/17
Austria 1.10 Feb/17
Bangladesh 9.96 Dec/14
Belgium -1.10 Feb/17
Brazil 53.10 Feb/17
Bulgaria 20.20 Jan/17
Canada 57.20 Jan/17
Cape Verde 4.00 Dec/16
Chile 44.88 Jan/17
China 51.30 Jan/17
Colombia 1.90 Jan/17
Croatia 6.00 Feb/17
Cyprus 113.30 Feb/17
Czech Republic 95.90 Feb/17
Denmark -2.00 Feb/17
Ecuador 1200.00 Dec/16
Estonia 103.90 Jan/17
Euro Area 0.82 Feb/17
European Union 108.50 Jan/17
Finland 1.50 Feb/17
France 107.00 Feb/17
Georgia 17.60 Dec/16
Germany 111.00 Feb/17
Greece 92.90 Feb/17
Hong Kong -1.00 Mar/17
Hungary 4.40 Jan/17
India 57.20 Jun/16
Indonesia 106.70 Dec/16
Ireland 16.00 Dec/16
Israel 19.80 Jan/17
Italy 106.30 Feb/17
Japan 10.00 Dec/16
Kazakhstan 2.00 Dec/16
Latvia 0.30 Feb/17
Lithuania -4.70 Jan/17
Luxembourg 108.50 Feb/17
Macedonia 26.20 Jan/17
Malaysia 81.20 Dec/16
Maldives 49.00 Dec/16
Malta 115.30 Feb/17
Mauritius 97.50 Dec/16
Mexico 42.81 Jan/17
Mozambique 91.00 Dec/16
Netherlands 7.00 Feb/17
New Caledonia 79.90 Jun/16
New Zealand 21.70 Dec/16
Nigeria -29.00 Dec/16
Norway 0.00 Dec/16
Peru 57.00 Jan/17
Philippines 39.40 Mar/17
Poland 4.50 Feb/17
Portugal 1.30 Feb/17
Qatar 20.40 Jun/16
Romania 0.70 Feb/17
Russia -3.00 Jan/17
Saudi Arabia 3.00 Jun/16
Sierra Leone 66.10 Dec/13
Singapore -14.00 Dec/16
Slovakia 9.30 Jan/17
Slovenia 11.00 Feb/17
South Africa 38.00 Dec/16
South Korea 75.00 Jan/17
Spain 1.90 Feb/17
Sri Lanka 102.00 Dec/16
Sweden 109.00 Feb/17
Switzerland 101.70 Jan/17
Thailand 50.10 Jan/17
Turkey 105.30 Feb/17
Uganda 53.99 Jan/17
Ukraine 108.70 Dec/16
United Kingdom 15.00 Mar/17
United States 56.00 Jan/17