Monitoring enterprises: business climate assessments downgraded
20 October 2022
News
In October, enterprises that took part in the survey downgraded their business climate assessments after their six-month upgrade. The Bank of Russia’s Business Climate Index (BCI) also dropped.
The worsening in the assessments of current business environment and short-term production and demand expectations is partially caused by higher risks now that economic uncertainty increases. Business price expectations have surged amid rising costs.
More details are available in the October issue of the information and analytical commentary Monitoring of Businesses.
Preview photo: Alexander Khitrov / Shutterstock / Fotodom