The manufacturing confidence indicator in Russia fell to -7 in April 2020, the lowest since December 2018, from -2 in the previous month.
Business Confidence in Russia averaged -3.23 points from 2005 until 2020, reaching an all time high of 7 points in July of 2007 and a record low of -20 points in December of 2008. This page provides - Russia Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020. source: Federal State Statistics Service
Business Confidence in Russia is expected to be -23.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Russia to stand at -9.00 in 12 months time. In the long-term, the Russia Business Confidence is projected to trend around -7.00 points in 2021 and -1.00 points in 2022, according to our econometric models.