Confidence in the real sector increased in March

The Central Bank (CBRT) announced the Economic Trend Statistics and the Real Sector Confidence Index for March 2023.

Thus, in March 2023, the seasonally adjusted Real Sector Confidence Index (RKGE-MA) increased 1.7 points compared to the previous month and went to 104.1.

The Real Sector Confidence Index (ICR), which is not seasonally adjusted, increased 2.8 points compared to the previous month and stood at 105.2.

3 MONTH EXPORT ORDER AMOUNT POSITIVELY INSTALLED

When the diffusion indices of the survey questions that make up the index are analyzed, it is observed that the general trend, the amount of export orders in the next three months, the volume of production in the next three months, the amount current order totals, fixed capital investment spending and current stock of finished goods have affected the index in an upward direction.

Assessments on total employment in the next three months and the total amount of orders in the last three months were said to have affected the index in a downward direction.