Business Confidence in Russia remained unchanged at -2 Index Points in September from -2 Index Points in August of 2019. Business Confidence in Russia averaged -3.20 Index Points from 2005 until 2019, reaching an all time high of 7 Index Points in July of 2007 and a record low of -20 Index Points in December of 2008. In Russia, the business confidence index measures morale among manufacturers. 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.