Business sentiment has not changed, expectations have improved. This was announced by the Bank of Russia.
The Bank of Russia's business climate indicator was -2.3 points in September, down from -2.4 points a month earlier. Companies' expectations for the next 3 months in terms of both production and demand increased for the second month in a row.
Business price expectations increased in September. Enterprises' estimates of credit conditions decreased compared to August due to stricter non-price conditions.
