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Monitoring businesses: ongoing growth in business activity

18 November 2025
News

The Bank of Russia’s Business Climate Index came in at 3.4 p in November vs 2.3 p in the previous month.

Compared to October, current estimates of demand were up, while those of output were down. Three-month-ahead expectations of companies were more positive than in the October survey. Companies’ price expectations had been rising for two consecutive months to return to the 2025 Q1 averages.

More details are available in the November issue of the information and analytical commentary Monitoring of Businesses: Assessments, Expectations and Comments.

Preview photo: Sergey Elagin / Business Online / TASS