Improving methodological support for the monitoring of processes in specific industries remains important to the development of the national information infrastructure. Isolation from the entire array of unstructured economic information of qualitative data for further processing, aggregation, and integration in the economic analysis and forecasting significantly extend the capabilities of the operational statistical observation.
Stronger motivation for the enterprise, manufacturer and consumer sentiment and expectations, especially in the context of the pronounced cyclical socioeconomic dynamics, inadequacy of the purely statistical quantitative monitoring of the short-term changes in the economic activity and business climate in various sectors of the economy require the wider use of the views of economic agents to reveal the environment in specific industries and possible changes.
The relevance of qualitative information in the models of short-term sectoral development is due, primarily, to the fact that entrepreneurs, in contrast to the traditional quantitative statistics, formulate their responses taking into account all factors affecting the performance of their businesses, including adopted and proposed legislation, tariff and pricing policy, global and national economic conditions, etc.
Therefore, developing, updating, and implementing statistical monitoring and economic analysis of a unified comprehensive system of short-term surveys of business climate in various sectors of Russian economy, methodologically harmonized with the practice of business tendency surveys (BTS) in various countries around the world, is the main aim of the study.
The information base is the data of regular and pilot business climate surveys in the real economy and in the services. These surveys can reveal the opinions of business leaders on various aspects of activity, their attitudes and expectations, factors that have both positive and negative effects on the intensity of the ongoing economic processes.
Detailed information on business climate indexes is available on the Russian site.
While the degree of pessimism of elderly consumers continues to decline, the optimism of young people has declined for the first time in the last 2.5 years. Almost a quarter of the population is still dissatisfied with their financial situation; income of half of the families do not allow them to make large purchases. HSE ISSEK Centre for Business Tendencies Studies studied expectations of Russian consumers in the II quarter of 2018. Director of the Centre for Business Tendencies Studies Georgy Ostapkovich spoke about the projections that resulted from the observations.