Business confidence in Russia increased to -2 in January of 2017, compared to -3 the previous month. It was the highest reading since May 2014, as more manufacturers expect production to increase in the next three months (to 27 percent from 24 percent in January) while demand remained in the negative territory (-38 percent from -37 percent). The economic situation is considered favorable by only 13 percent of the respondents (10 percent in January) and satisfactory by 70 percent (73 in January). More respondents (32 percent from 31 percent in January) expect an improvement in an economic situation in the next 6 months with economic uncertainty, lack of demand and high taxes seen as the main challenges. Business Confidence in Russia averaged -3.34 from 2005 until 2017, reaching an all time high of 7 in July of 2007 and a record low of -20 in December of 2008.
In Russia, the business confidence index is based on the management reports of around 4000 companies representing three basic industries – subsurface resource extraction, processing and electricity, gas and water production and distribution. The index is calculated as the arithmetic average balances of assessments of actually existing levels of demand, stocks of finished products (with opposite sign) as well as change in output expected in the next 3 months. The index shows the difference between the percentage share of executives that are optimistic and the percentage of that is pessimistic. The index takes a value between -100 (all responding entities asses their situation as poor and expect it to become worse) up to 100 (all participants are satisfied with the current situation and expect it to improve); 0 indicates neutrality. This page provides – Russia Business Confidence – actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Business Confidence – actual data, historical chart and calendar of releases – was last updated on March of 2017.
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- Croatia GDP Annual Growth Rate Croatia’s gross domestic product advanced 3.4 percent year-on-year in the fourth quarter of 2016, following a 2.9 percent growth in the previous period, according to preliminary estimates. It was the strongest expansion since the first quarter of 2008, boosted by household consumption (3.6 percent vs 3.4 percent in Q3) and investments (4.6 percent from 2.9 percent). Meanwhile, the growth slowed for government expenditure (1.8 percent vs 2.1 percent in Q2). The contribution of net foreign demand was negative (-0.3 percent), as exports rose 9.7 percent (6.3 percent in Q3) and imports also advanced 9.7 percent (6 percent in Q3). On...
- Norway Balance of Trade
Norway recorded a trade surplus of 23.54 NOK billion in February of 2017, a surge of 80.8 percent from the same month a year earlier, as exports jumped while imports fell. Year-on-year, sales grew by 18.0 percent to 71.24 NOK billion, driven by ships and oil platforms (728.5 percent), natural gas condensates (633.8 percent), crude oil (51.9 percent) and natural gas (21.8 percent). Imports declined by 3.7 percent to 47.71 NOK billion, mainly due to a 12.1 percent fall in purchases of food and live animals, a 10.3 percent drop in purchases of beverages and tobacco and...
- Brunei Balance of Trade Brunei trade surplus decreased 41.5 percent year-on-year to BND 203.3 million in December of 2016 compared to a BND 347.7 million surplus a year earlier. Exports fell 23.7 percent, driven by lower sales of: mineral fuels (-27.7 percent), namely liquefied natural gas (-48.6 percent), and manufactured goods (-21.6 percent). Imports declined 4.5 percent due to lower purchases of: machinery and transport equipment (-11.5 percent); manufactured goods (-18.4 percent); miscellaneous manufactured articles (-7.2 percent); food (-3 percent) and crude materials inedible (-45.6 percent). Main export partners were Japan (30.6 percent of total exports); Malaysia (11.3 percent); China (11.1 percent). The highest...
- Peru Balance of Trade
Peru trade balance shifted to USD 150 million surplus in January of 2017 from USD 507 million gap in the same period of the previous year. Sales jumped 25.9 percent to USD 3.1 billion, mainly driven by fisheries (483.3 percent), agriculture (31.1 percent), miseries (22.7 percent), oil and gas (97.9 percent), metallurgy and jewellery (40.9 percent). Imports fell 0.5 percent to USD 3 billion, led by industrial capital goods (-4.8 percent), transport equipment (-23.6 percent) and building materials (-41.4 percent). Balance of Trade in Peru averaged 75.02 USD Million from 1957 until 2017, reaching an all time...
- Macau Balance of Trade
Macau trade deficit increased to MOP 4.28 billion in February of 2017, compared to a MOP 4.08 billion gap in a year earlier. Exports rose by 27.24 percent to MOP 0.90 billion, driven by tobacco & wine (99.6 percent), diamond & diamond jewellry (93.6 percent), non-textiles (32.4 percent), electronic components (14.2 percent), and watches (8.5 percent). Imports increased by 9.1 percent to MOP 5.18 billion, mainly boosted by watches (50.5 percent), followed by gold jewellry (20.6 percent), handbags & wallets (18.5 percent), garment & footwear (6.3 percent), mobile phone (5.9 percent), and food & beverages (3.4 percent)....
- Singapore Balance of Trade Singapore recorded a trade surplus of 3.29 SGD billion in January of 2017, compared to a 5.80 SGD billion surplus a year earlier. It was the smallest trade surplus since October 2014, as total exports increased by 11.1 percent (following a 9.2 percent rise in December) while total imports surge 21.0 percent (compared to a 13.2 percent growth in the preceding month). Total trade rose 15.6 percent, after a 11.0 percent increase in a month earlier. In December 2016, trade surplus came in at 6.12 SGD billion. Balance of Trade in Singapore averaged 735.28 Million SGD from 1964 until 2017,...
- Netherlands Business Confidence Business confidence in Netherlands rose to 7.0 in February of 2017 from 6.0 in January. It was the highest reading since February 2008, as manufacturers were more upbeat toward production in the next three months and they were also more positive about their order books and expected activity. In contrast, the index for stocks of finished products fell slightly. By industry, producers in wood and construction were registered as the most positive, followed by those in the textile, clothing and leather industries. Business Confidence in Netherlands averaged 0.40 from 1985 until 2017, reaching an all time high of 9.40 in...
- Mongolia Balance of Trade
Mongolia recorded a trade surplus of 183 USD Million in February of 2017. Balance of Trade in Mongolia averaged -20.28 USD Million from 1997 until 2017, reaching an all time high of 362.30 USD Million in December of 2016 and a record low of -369.70 USD Million in July of 2012.
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- Tunisia GDP Annual Growth Rate
The Gross Domestic Product (GDP) in Tunisia expanded 1.10 percent in the fourth quarter of 2016 over the same quarter of the previous year. GDP Annual Growth Rate in Tunisia averaged 3.36 percent from 2001 until 2016, reaching an all time high of 7.40 percent in the first quarter of 2004 and a record low of -2.20 percent in the third quarter of 2011.
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- South Africa Business Confidence
The RMB/BER Business Confidence Index for South Africa increased to 40 in the first quarter of 2017 from 38 in the previous period as confidence rose in retail, motor and wholesale trade sectors. By contrast, confidence fell in the building sector and among manufacturers. Yet, business confidence has been below the neutral 50 mark since the last quarter of 2014, a pattern consistent with an economy continuously treading water. Business Confidence in South Africa averaged 44.85 from 1975 until 2017, reaching an all time high of 91 in the third quarter of 1980 and a record low...
- Colombia Business Confidence
The Industrial Confidence Index in Colombia dropped to -0.1 in February of 2017 from 1.9 in the previous month. Production expectations for the next quarter (31.6 from 33.3 in January) and current orders (-25.1 from -24.8) declined. Meantime, inventories increased (6.7 from 2.9). When adjusted for seasonal factors, industrial confidence fell by 4.6. Business Confidence in Colombia averaged 1.54 from 2009 until 2017, reaching an all time high of 12.70 in February of 2011 and a record low of -15.96 in June of 2009.
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- Belgium Business Confidence Belgian business confidence went down to -1.1 in February of 2017 from 0.5 in the previous month, missing market expectations of 0.8. It was the first fall in business confidence since August of 2016, as confidence among manufacturers deteriorated sharply (-4.1 compared to -1.4 in January). By contrast, the morale improved slightly among traders (-6.1 from -7.1 in January), constructors (-1.7 from -2.2) and business-related service providers (14.1 from 14). Business Confidence in Belgium averaged -7.46 from 1980 until 2017, reaching an all time high of 9.20 in March of 2000 and a record low of -31.80 in March of...
- Netherlands Consumer Confidence Dutch consumer confidence edged up to +14 in February of 2017 from +13 in January. It was the highest reading since August 2007, as consumers were more positive toward the economy (+29 from +28 in a month earlier) while their willingness to buy rose slightly (+4 from +3). Also, they saw the time was favorable for making major purchases. Consumer Confidence in Netherlands averaged -6.12 from 1986 until 2017, reaching an all time high of 27 in April of 2000 and a record low of -44 in February of 2013. Export Data API Access Please Paste this Code in your...
- Georgia Business Confidence
Business Confidence in Georgia decreased to 17.50 in the first quarter of 2017 from 17.60 in the fourth quarter of 2016. Business Confidence in Georgia averaged 20.96 from 2014 until 2017, reaching an all time high of 40.40 in the third quarter of 2014 and a record low of 3.60 in the second quarter of 2015.
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Business confidence for Georgia is measured by seven sector-specific indices focusing on services, retail trade, agriculture, manufacturing...
- France Consumer Confidence Consumer confidence in France stood at 100 in February of 2017, the same as in January and in line with markets consensus. Confidence remained at the highest level since October 2007, as concerns over unemployment (20 from 19 in the prior month) and households’ opinion on their personal financial situation in the next twelve months (-6 from -5) were virtually stable while their saving intention for the coming year improved markedly (-2 from -6). At the same time, consumers’ opinion on their current saving capacity strengthened (11 from 8) and the share of households considering it has been a suitable...
- Ecuador Business Confidence
Business Confidence in Ecuador decreased to 1170.90 in February from 1177.50 in January of 2017. Business Confidence in Ecuador averaged 913.50 from 2009 until 2017, reaching an all time high of 1200 in December of 2016 and a record low of 402.80 in November of 2009.
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In Ecuador, the Business Confidence Index Índice de Confianza Empresarial (ICE) summarizes the business expectations about the economic situation of the company and the country in general....
- Russia Exports
Exports from Russia increased by 47.2 percent to $25.1 billion in January 2017 from $17 billion a year earlier. It was the biggest monthly increase since April 2010, as exports to non-CIS countries advanced 49.1 percent (from 10.4 percent in December) while those to CIS countries went up 34.7 percent (from -3.8 percent). Exports in Russia averaged 21163.21 USD Million from 1994 until 2017, reaching an all time high of 50248 USD Million in December of 2011 and a record low of 4100 USD Million in January of 1994.
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- Ukraine Consumer Confidence Consumer Confidence in Ukraine decreased to 53.70 in January from 57.10 in December of 2016. Consumer Confidence in Ukraine averaged 74.93 from 2000 until 2017, reaching an all time high of 107.30 in March of 2005 and a record low of 41.10 in February of 2015. Export Data API Access Please Paste this Code in your Website source: tradingeconomics.com In Ukraine, the Gfk Consumer Confidence Index survey is made by phone and covers over 1,000 individuals aged 15–59. The questions focus on current economic and financial situation, savings intention as well as on expected developments regarding: consumer price indexes, general...
- Russia Industrial Production Industrial production in Russia increased 2.3 percent year-on-year in January of 2017, following a downwardly revised 0.2 percent gain in December and missing market expectations of a 2.9 percent rise. Main activities rose at a faster pace: manufacturing (2 percent compared to -1.3 percent in December), mining (3.3 percent compared to 2.1 percent) and water and sewerage (1.6 percent from -0.3 percent) On a monthly basis, industrial output shrank 23.8 percent. Industrial Production in Russia averaged 3.35 percent from 2000 until 2016, reaching an all time high of 17.70 percent in April of 2000 and a record low of -16.90...
- Sweden Business Confidence Swedish business confidence increased to 109.0 in February of 2017 from 108.9 in the previous month, as sentiment improved among retailers (102.8 from 99.1 in January) and constructors (111.2 from 110.2) while fell for manufacturers (117.7 from 118.7) and services providers (105.7 from 105.9). Business Confidence in Sweden averaged 100 from 1996 until 2017, reaching an all time high of 118.90 in November of 2010 and a record low of 66.80 in March of 2009. Export Data API Access Please Paste this Code in your Website source: tradingeconomics.com In Sweden, the confidence indicator for the business sector is intended to...