The trust index of the Russian economy in the private sector has reached a maximum in three years

The trust index of the private sector to the Russian economy reached a three -year maximum. This was reported in the report of the research company Markit.

In February 2017, approximately 29% of entrepreneurs expected an increase in their revenue. In October last year, this figure was 18%.

“The data for February show that optimism is moving in the right direction, and more and more firms predict the creation of a new business, increasing employment and growth of capital costs compared to the previous period. These are signs that the Russian economic rise will probably receive a new impetus this year, ”the report said.

Companies expect an increase in profits due to preparations for the World Cup in 2018, professional development of employees, entering new markets and lifting the Russian economy. Some businessmen indicated that the development of the Russian economy can inhibit fluctuations in energy prices, competition with foreign companies and a lack of capital.

It is noted that in comparison with world indicators, the business confidence of Russian entrepreneurs in the economy is slightly lower than in the world, where 31% of businessmen expect an increase in revenue in 2017.

In October 2016, the entrepreneurial confidence index in Russian industry grew for the first time in six months. In the fall, he climbed one point and reached the level of minus 4%.