Number of people employed in Russia declined last year; labour force also shrank
Number of people employed in Russia declined last year; labour force also shrank Even as the Russian economy began to revive from recession last year, Rosstat reports that its labour force survey of ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia and China score low in the OECD services trade index
Russia Russia and China score low in the OECD services trade index Russia and China score low in the OECD services trade index The OECD's Services Trade Restrictiveness Index (STRI), published ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Improvement of Russia's government sector finances at all budget levels
Improvement of Russia's government sector finances at all budget levels Last year saw large gains in federal budget revenues (up 18 %), while tax revenues flowing directly to state social funds a...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Weaker revenues and higher spending reign Russia’s federal and regional budgets
Russia Weaker revenues and higher spending reign Russia’s federal and regional budgets Due to various revenue streams other than oil & gas tax revenues, the slide in nominal federal budget reven...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia’s current account surplus contracted in the third quarter of this year
Russia Russia’s current account surplus contracted in the third quarter of this year Preliminary balance-of-payments figures from the Central Bank of Russia show that earnings on exports of goods an...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Government fixed investment soars in Russia as corporate fixed investment remains weak
Russia Government fixed investment soars in Russia as corporate fixed investment remains weak Rosstat reports that fixed investment rose in real terms as much as by 4 % y-o-y in the second quar...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
US refrains from imposing new sanctions on Russia, but Power Machines goes on the sanctions list
Russia US refrains from imposing new sanctions on Russia, but Power Machines goes on the sanctions list Last week,the US addedthe namesof 30 persons and firms to its SDN sanctions list imposed on Ru...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia facing harsher economic outlook for the rest of this year
Russia Russia facing harsher economic outlook for the rest of this year The preliminary figures from Rosstat show Russian GDP contracted by 4 % y-o-y in the second quarter. Thanks to strong gro...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia’s federal budget sees exceptional drop in revenues in July; spending continues to rise
Russia Russia’s federal budget sees exceptional drop in revenues in July; spending continues to rise Federal budget revenues in July declined by 25 % from a year earlier. Tax revenues from oil ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Alexei Ulyukayev, Russia's former economy minister, convicted of soliciting bribes
Russia Alexei Ulyukayev, Russia's former economy minister, convicted of soliciting bribes Alexei Ulyukayev, Russia's former economy minister, convicted of soliciting bribes Ulyukayev was ar...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Strict 2018 spending rules approved for Russia's federal budget and pension fund
Russia Strict 2018 spending rules approved for Russia's federal budget and pension fund Federal budget spending is set to contract slightly next year in nominal ruble terms, which means a real d...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia reaches agreement with OPEC and other oil-producing countries on keeping cuts in place
Russia Russia reaches agreement with OPEC and other oil-producing countries on keeping cuts in place Russia reaches agreement with OPEC and other oil-producing countries on keeping cuts in place Th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
The fastest recovery phase for Russia's government budgets is over
Russia The fastest recovery phase for Russia's government budgets is over The fastest recovery phase for Russia's government budgets is over The recovery of revenues to the consolidated bud...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia's 2018−20 monetary policy guidelines stress the role of inflation expectations
Russia's 2018−20 monetary policy guidelines stress the role of inflation expectations The Central Bank of Russia reaffirmed its inflation target of "close to 4 %" a year on average. The...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
CEFC China Energy actively investing in Russia, but goods trade remains the focus of economic relations
Russia CEFC China Energy actively investing in Russia, but goods trade remains the focus of economic relations An under-the-radar Chinese firm, CEFC China Energy, which had never invested earlier in...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia ranks higher in World Bank Doing Business survey than in most comparisons
Russia ranks higher in World Bank Doing Business survey than in most comparisons The World Bank's latest Doing Business international comparison of regulatory environments ranks Russia 35th out o...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
China’s goods exports to Russia decline while bilateral trade deficit rises
China China’s goods exports to Russia decline while bilateral trade deficit rises China Customs reports that the value of goods exports to Russia shrank by 17 % y-o-y in June. In response to Ru...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia’s economic downturn is felt in government budget revenues; military spending soars
Russia Russia’s economic downturn is felt in government budget revenues; military spending soars Nominal federal budget revenues were up by 34 % y-o-y in the first four months of 2022. Revenue ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Impacts of Ukraine invasion on Russia’s economy already apparent in March
Russia Impacts of Ukraine invasion on Russia’s economy already apparent in March Rosstat preliminary figures show Russian first-quarter GDP growing by 3.5 % y-o-y. Rosstat figures further show ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Growth in China’s foreign trade slowed in March; exports to Russia fell
China Growth in China’s foreign trade slowed in March; exports to Russia fell The latest foreign trade figures released by China Customs show that the value of goods exports in January-March grew by...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022