Monitoring of the Central Bank of Russia: Analysis of Indicators

One of the main tasks of statistics is to build socio-economic indicators to assess the state of phenomena and processes occurring in society. Banking monitoring of non-financial enterprises is based on the construction and analysis of business climate indicators. To date, in Russia as a whole, monitoring covers more than 14 thousand enterprises of both large and medium-sized and small enterprises in industry, agriculture, construction, transportation and storage, trade, and the service sector. According to the monitoring data, the Bank of Russia's business climate indicator is being built, which evaluates the current business operating conditions and their prospects. The article analyzes the dynamics of the average annual values of the indicator, during which a clear trend towards a decrease in the levels of business climate indicators for the period from 2002 to the present is revealed, the dependence of the business climate indicator on the type of economic activity is revealed, a strong dependence of the business climate indicator and the dynamics of the physical volume of GDP is found. A regression model of GDP dependence on the business climate indicator is constructed. The absence of a trend in the values of monthly indicators for the period from 2020 and the presence of a seasonal component were also revealed.

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Publication Details

Journal
System Analysis & Mathematical Modeling
Published
2024-10-17
DOI
https://doi.org/10.17150/2713-1734.2024.6(3).312-329
Primary Topic
Economic and Technological Developments in Russia
Type
article
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article

Monitoring of the Central Bank of Russia: Analysis of Indicators

Olga N. Rogacheva, Sergei Tolstykh
System Analysis & Mathematical Modeling
Economic and Technological Developments in Russia
article

Monitoring of the Central Bank of Russia: Analysis of Indicators

Olga N. Rogacheva, Sergei Tolstykh
article en

Abstract

One of the main tasks of statistics is to build socio-economic indicators to assess the state of phenomena and processes occurring in society. Banking monitoring of non-financial enterprises is based on the construction and analysis of business climate indicators. To date, in Russia as a whole, monitoring covers more than 14 thousand enterprises of both large and medium-sized and small enterprises in industry, agriculture, construction, transportation and storage, trade, and the service sector. According to the monitoring data, the Bank of Russia's business climate indicator is being built, which evaluates the current business operating conditions and their prospects. The article analyzes the dynamics of the average annual values of the indicator, during which a clear trend towards a decrease in the levels of business climate indicators for the period from 2002 to the present is revealed, the dependence of the business climate indicator on the type of economic activity is revealed, a strong dependence of the business climate indicator and the dynamics of the physical volume of GDP is found. A regression model of GDP dependence on the business climate indicator is constructed. The absence of a trend in the values of monthly indicators for the period from 2020 and the presence of a seasonal component were also revealed.

System Analysis & Mathematical ModelingVol. 6(3)
Baikal State University (RU)
Openalex Percentile: Top 40%
Economic and Technological Developments in Russia
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