Monitoring sectoral financial flows: domestic demand growth accelerates in March
4 April 2024
News
In March 2024, the amount of incoming payments via the Bank of Russia Payment System was 0.8% lower than the 2023 Q4 average. The decline in financial flows was due to the situation in export sectors. Contrastingly, the increase in domestic demand-oriented industries was more notable than in January—February.
Overall, in 2024 Q1, the growth of incoming payments across all sectors was weaker than in 2023 Q4.
More details are available in the new issue of the review Monitoring of Sectoral Financial Flows.