Sky-high optimism with unclear prospects: the indicator of the Russian business climate remains at ten-year highs without any particular reason
The recovery growth of the Russian economy continues. In June, the business climate indicator, which the Central Bank calculates based on a large-scale survey of enterprises, rose again after a slight decline in May. But the most surprising thing is the increase by more than 3 points at once, from 3.1 to 6.4, an indicator of current business conditions. This is the maximum value of the indicator since August 2008. The indicator components are also at ten to fifteen year highs.