The sentiment of small businesses in Russia rose to the level of June 2015

The sentiment of small businesses in Russia rose to the level of June 2015


Moscow. July 22. Small businesses have learned to live in new conditions, sentiment Index of small business by June 2016 increased markedly compared with November 2015 and returned to the level of June 2015. This was concluded in the framework of research conducted by Alfa-Bank through a survey of his clients with revenues up to 350 million rubles per year.

The sentiment index is defined as the average of four indexes – the current situation, business expectations, condition of the company and expectations of the company. Each of the intermediate indexes are calculated as the difference between the sums of the fractions of positive and negative answers divided by the number of questions in the index. The values of the sentiment Index can vary from -100 to +100. Positive index values indicate that the positive sentiment will prevail over the negative, and negative to indicate the predominance of negative sentiment.

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Sentiment index of small business in June 2016 amounted to vs -25 -38 in November and -24 in June 2015.

As the authors of the study, compared with the results of a survey conducted six months ago, a more positive assessment of current economic situation and purchasing power in the country, and by industry. The current conditions index in the current year increased to -68 -78 after in November and -69 in June of last year, and the Index of the current situation in the company is from -24 to -16 in November and -22 in June.

Traditionally, the assessment of the current situation in the country is more negative than the assessment of the situation in the industry, which may be a result of both the General negative background information, and deeper knowledge entrepreneurs and your industry.

Although entrepreneurs waiting for the market recovery is still restrained in the assessment of purchasing power. Equal to the assessment of the economic situation and purchasing power in the country assessment of the situation and purchasing power in different sectors: the worst feeling company in the field of construction, transportation and wholesale trade. Retail trade is restored, and production of the company situation in the industry and purchasing power are considerably better than six months ago.

In particular, the sentiment Index of small business for the companies of wholesale trade in June rose to -20 -39 in November and -24 in June 2015, for the retail trade – up to -27 from -36 and -35 respectively.

As the authors of the study, over one and a half years, IT companies are more positive than other sectors, the optimism of the companies of transportation.

In geographical terms the most notable increase in positive sentiment in the Central and North-Western regions primarily at the expense of the cities of Federal significance.