Statistics: Russia’s business confidence rises in processing in Apr
MOSCOW, Apr 26 (PRIME) -- Russia’s Business Confidence Index fell in the industry of production and distribution of power, gas and water on the month in April, but grew in the processing and mineral production industry, the Federal State Statistics Service said in a statement Tuesday citing a poll of 3,100 companies.
“The Business Confidence Index, which reflects generalized entrepreneurs’ behavior, rose to minus 2% in April 2016 from minus 5% in December 2015 in the mineral production industry, it increased to minus 4% from minus 11% in the processing industry, and fell to minus 12% from 2% in the production and distribution of power, gas and water,” the statement read.
The improvement of the situation the mineral extraction industry in the next six monthswas expected by 19% of respondents, 12 percentage points more than the number of respondents forecasting a worse situation. The number of optimists in the processing sector stood at 27% of respondents, 18 percentage points more than the amount of pessimists.
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