Decline in financial flows in July may indicate slowdown in economic activity in Russia - Central Bank

MOSCOW. Aug 8 (Interfax) - The dynamics of financial flows in July may point to a slowdown in economic activity at the beginning of Q3, the Central Bank of Russia said in a commentary.

The amount of incoming payments processed in July 2025 through the Central Bank's payment system decreased 8.1% compared to the average for Q2 2025. Excluding mining, petroleum products and public administration, receipts fell 8%. A decline in incoming payments was recorded across all major industry groups, the Central Bank said.

In consumer demand sectors, receipts in July decreased 7.4% compared to the average level in Q2.

In investment demand sectors, incoming payments declined 4.7%. Financial flows in intermediate demand sectors fell 9.5% in July. In external demand, receipts were 9.9% lower than in Q2 2025.