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

Business confidence in Russia increased to -2 in January of 2017, compared to -3 the previous month. It was the highest reading since May 2014, as more manufacturers expect production to increase in the next three months (to 27 percent from 24 percent in January) while demand remained in the negative territory (-38 percent from -37 percent). The economic situation is considered favorable by only 13 percent of the respondents (10 percent in January) and satisfactory by 70 percent (73 in January). More respondents (32 percent from 31 percent in January) 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 -3.34 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)
2016-12-26 01:40 PM Dec -8 -7 -8
2017-02-03 01:00 PM Jan -3 -8 -7
2017-03-01 01:00 PM Feb -2 -3 -5
2017-03-27 01:00 PM Mar -2 -3
2017-04-26 01:00 PM Apr -2
2017-05-29 01:00 PM May -1




Russia Business Last Previous Highest Lowest Unit
Business Confidence -2.00 -3.00 7.00 -20.00 [+]
Manufacturing PMI 52.50 54.70 54.70 47.60 [+]
Services PMI 55.50 58.40 58.40 41.30 Index Points [+]
Industrial Production -2.70 2.30 17.70 -16.90 percent [+]
Industrial Production Mom -0.60 -23.80 24.40 -26.10 percent [+]
Manufacturing Production -5.10 2.00 27.10 -28.10 percent [+]
Capacity Utilization 63.00 64.00 65.00 38.00 percent [+]
Changes in Inventories 1222.10 65.00 1534.50 -1471.40 RUB Billion [+]
Total Vehicle Sales 106658.00 77916.00 291020.00 39497.00 [+]
Car Production 98.20 113.00 187.00 18.20 Thousand Units [+]
Car Registrations 106658.00 77916.00 291020.00 39497.00 [+]
Leading Economic Index -0.60 0.50 9.88 -11.84 percent [+]
Mining Production 0.00 3.30 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 55.40 58.30 58.30 44.70 [+]
Bankruptcies 2870.00 3166.00 3634.00 1103.00 Legal entities [+]
Corporate Profits 11.60 10023.80 10023.80 -152.50 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 March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-2.00 -3.00 7.00 -20.00 2005 - 2017 Monthly



Last
Albania -0.10 Dec/16
Angola -32.00 Sep/16
Armenia 51.00 Jun/16
Australia 7.00 Feb/17
Austria 1.10 Feb/17
Bangladesh 9.96 Dec/14
Belgium -1.10 Feb/17
Brazil 54.00 Mar/17
Bulgaria 25.50 Feb/17
Canada 55.00 Feb/17
Cape Verde 4.00 Dec/16
Chile 45.98 Feb/17
China 51.60 Feb/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 1177.50 Jan/17
Estonia 106.50 Feb/17
Euro Area 0.82 Feb/17
European Union 108.90 Feb/17
Finland 1.50 Feb/17
France 107.00 Feb/17
Georgia 17.50 Mar/17
Germany 111.00 Feb/17
Greece 92.90 Feb/17
Hong Kong -1.00 Mar/17
Hungary 4.50 Feb/17
India 57.20 Jun/16
Indonesia 106.70 Dec/16
Ireland 16.00 Dec/16
Israel 21.30 Feb/17
Italy 106.30 Feb/17
Japan 10.00 Dec/16
Kazakhstan 2.00 Dec/16
Latvia 0.30 Feb/17
Lithuania -2.90 Feb/17
Luxembourg 108.50 Feb/17
Macedonia 25.30 Feb/17
Malaysia 81.20 Dec/16
Maldives 49.00 Dec/16
Malta 115.30 Feb/17
Mauritius 97.50 Dec/16
Mexico 43.24 Feb/17
Mozambique 92.60 Jan/17
Netherlands 7.00 Feb/17
New Caledonia 88.60 Dec/16
New Zealand 16.60 Feb/17
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 20.20 Sep/16
Romania 0.70 Feb/17
Russia -2.00 Feb/17
Saudi Arabia 3.00 Jun/16
Sierra Leone 66.10 Dec/13
Singapore -14.00 Dec/16
Slovakia 11.70 Feb/17
Slovenia 11.00 Feb/17
South Africa 40.00 Mar/17
South Korea 76.00 Feb/17
Spain 1.90 Feb/17
Sri Lanka 102.00 Dec/16
Sweden 109.00 Feb/17
Switzerland 107.20 Feb/17
Thailand 50.10 Feb/17
Turkey 105.30 Feb/17
Uganda 54.28 Feb/17
Ukraine 108.70 Dec/16
United Kingdom 15.00 Mar/17
United States 57.70 Feb/17