Russia Business Tendency. Service (excluding retail trade) confidence indicator (SA Quarterly)

The main purpose of the survey is to monitor enterprises by evaluating their past changes and short-term perspectives. The survey comprises questions related to demand, employment, economic situation, prices and limiting factors. The services confidence indicator is the arithmetic average of the balances (difference between positive and negative answers in % points of total answers) of the answers to the questions on: business situation - tendency; demand - tendency; and demand - future tendency. The measure used for this indicator is a seasonally adjusted balance (difference between positive and negative answers in % points of total answers). The last observation is dated Q4 2021.