Statistics: Sep business confidence falls in production, processing

MOSCOW, Sep 29 (PRIME) -- Russia’s business confidence index decreased by 2.7 percentage points in the producing and by 4.7 percentage points in the processing industries in September, the Federal State Statistics Service said on Tuesday.

“The business confidence index, which reflects generalized entrepreneurs’ behavior, amounted to minus 2.7% in the mineral production sector and to minus 4.7% in the processing industries in September,” the statement said.

The economic situation in a company was deemed positive by 9% of managers and satisfactory by 72% of managers in the production of raw materials and in the processing industry as well.

A better situation in the next six months was expected by 20% of respondents in the mineral production industry and 24% in the processing industry. The number of optimists in the mineral production sector exceeded the amount of pessimists by 12 percentage points, and in the processing industry by 13 percentage points.

End %%md/jst%%