The business climate in Russia is recovering. The Bank of Russia Index is growing

Businesses in the country are beginning to adapt to changes in the economic conditions in the Russian Federation. Short-term production expectations are quite optimistic, and production activity is growing. Production volumes are actively recovering.

The BCI (Business Climate Index) rose to 2.8 points, up 1.4 p. At the same time, expectations of demand and production by export-oriented businesses remain negative due to sanctions pressure.

In the long run, such dynamics contributes to the reduction of inflationary pressure in Russia and stabilizes the state of the country's economy.