1 Oct 2026 13:20

Business confidence up in Russian mineral extraction, manufacturing in Sept - Rosstat

MOSCOW. Oct 1 (Interfax) - Business confidence grew in the Russian mineral extraction sector in September compared with August, by 0.2 percentage points (pp) to negative 5.5%, the State Statistics Service (Rosstat) said on Wednesday.

The index rose 0.4 pp to negative 0.5% in manufacturing.

Rosstat surveyed 5,500 businesses other than small businesses in September.

The business confidence index was negative 4% in extractive and negative 1.9% in manufacturing in September 2025.

In extractive industries, the index in September was affected by growth in the share of respondents upbeat about prospects for output in the next three months, from negative 1.3% to 1.5%. The growth of the index was limited by an increase of respondents giving negative assessments of demand during the current month, from negative 20.9% to negative 22.6%. The slight fluctuation in assessments of inventory build in the month did not affect the index.

In manufacturing, the index was affected by an increase in the share of respondents upbeat about output prospects for the next three months, from 27.1% to 27.9%. Slight changes in assessments of demand for goods in the current month and inventory build did not affect the index.

Average capacity utilization in the extractive sector and in manufacturing was 62%.

Staffing levels at enterprises are still regarded as insufficient for operating purposes at negative 14.1% in extractive and negative 11.4% in manufacturing.