Real sector confidence increased in October

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

Thus, in October, the seasonally adjusted real sector confidence index (RKGE-MA) increased 0.2 points compared to the previous month and stood at 105.3.

When the diffusion indices of the survey questions that make up the index are examined, it is seen that the total amount of current orders, the amount of export orders in the next three months, the amount of production volume in the next three months and assessments on the The current stock of finished products influences the index towards an increase.

TOTAL EMPLOYMENT AND ORDER QUANTITY NEGATIVELY AFFECTED

Assessments on the total amount of orders in the last three months, fixed capital investment expenditures, total employment in the next three months and the general trend influenced the decline of the index.

In the evaluations of the last three months, it was observed that the trend in favor of those who report an increase in the volume of production and the amount of export orders has strengthened compared to the previous month, while the trend in favor of those who report an increase in the domestic price The market order amount has weakened compared to the previous month.