In January 2018, the majority of REB indicators significantly improved. Many of them usually noticeably fall down in the first month of the year (due to long New Year holidays,) but in January 2018 they decreased less dramatically. The diffusion index of output wasn’t so high in January since 2004, and the diffusion index of output and input prices ratio set a record for January for all 26 years of observation. With great optimism REB respondents in January also looked into the future: the three-month expectations of the diffusion index of output increased in comparison with the previous month by 14 points and of wages - by 11 points. The diffusion indices of three-month expectations of financial situation and of the order-book level also showed good growth.