Statistics: Oct business confidence falls in production, processing - Business Wire - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Statistics: Oct business confidence falls in production, processing

MOSCOW, Oct 27 (PRIME) -- Russia’s business confidence index decreased by 3 percentage points in the producing and by 5 percentage points in the processing industries in October, the Federal State Statistics Service said on Tuesday.

“The business confidence index, which reflects generalized entrepreneurs’ behavior, amounted to minus 3.0% in the mineral production sector and to minus 5.0% in the processing industries in October 2020,” 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, while the figures for the processing industry stood at 9% and 73%, respectively.

A better situation in the next six months was expected by 17% of respondents in the mineral production industry and 23% in the processing industry. The number of optimists in the mineral production sector exceeded the amount of pessimists by 8 percentage points, and in the processing industry by 11 percentage points.

End %%md/jst%%

27.10.2020 19:11
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 90.4629 +0.4338 28 nov
USD 75.8599 +0.4081 28 nov
Stock Market Indices
1D 1W 1M 1Y
rtsi 1224.65 -1.11 14:14 13 nov
micex 3014.25 -0.38 14:14 13 nov
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 179.33 +3.71 13:59 13 nov
lkoh 4854.50 +0.03 13:59 13 nov
rosn 414.30 +0.49 13:59 13 nov
sber 241.46 -0.26 13:59 13 nov
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 91.6275 +0.5075 13:59 13 nov
USDTD 77.4900 +0.2550 13:59 13 nov