Russian expenditure on travel services abroad grew slightly last year
Russia Russian expenditure on travel services abroad grew slightly last year The Central Bank of Russia reports that Russians last year spent 34 billion dollars on travel services abroad, a 9&#...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian inflation accelerates slightly in January
Russia Russian inflation accelerates slightly in January Consumer price inflation rose 5.0 % y-o-y in January. In particular, higher food prices since last summer appear to driving inflation. R...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Dry summer reduces Russian harvest
Russia Dry summer reduces Russian harvest Data from the beginning of November show Russia’s grain harvest this year was about 15 % smaller than last year. Last year’s harvest, however, was exce...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
CBR’s monetary policy programme for 2019−21 sees good bank liquidity ahead
Russia CBR’s monetary policy programme for 2019−21 sees good bank liquidity ahead The Central Bank of Russia notes that its operative monetary policy goal is to hold interbank money market overnight...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian tourism abroad up in 2017
Russia Russian tourism abroad up in 2017 Tourism rebounded last year in response to the mild economic recovery and ruble appreciation. Russians made 40 million journeys abroad and spent $31 billion ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Uneven growth outlooks for countries in CIS region
Russia Uneven growth outlooks for countries in CIS region Uneven growth outlooks for countries in CIS region The latest IMF forecasts predict GDP growth for nearly all countries in the CIS region t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
CBR further lowers key rate
Russia CBR further lowers key rate On April 29, following improving conditions on financial markets and falling price instability risks, the Central Bank of Russia lowered its key rate by 300 basis ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Duma elections produce few surprises
Duma elections produce few surprises Russians went to the polls last Sunday (Sept. 18) to vote for lower-house Duma representatives. As expected, the party of power United Russia dominated, taking 54...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
CBR registers new national credit-rating agency ACRA
CBR registers new national credit-rating agency ACRA Under Russia’s credit-rating companies act of June 2015, all credit-rating agencies giving national ratings must register with the CBR by January...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian firms seek financing from China
Russian firms seek financing from China In response to sanctions imposed on Russia by Western countries that have limited access to financing, Russian firms have stepped up talks with the Chinese to ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian oil production hits peak in September
Russia Russian oil production hits peak in September Russia’s energy ministry reports that Russian crude oil production in September exceeded by a small margin its previous peak in the post-Sov...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian oil fund topped up with last year's oil revenues
Russia Russian oil fund topped up with last year's oil revenues In June, the National Welfare Fund received a 900-billion-ruble boost (14 billion USD) from oil income saved last year, i.e. budge...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian currency reserves rose by 55 billion dollars last year
Russian currency reserves rose by 55 billion dollars last year The largest gains came from exchange rate fluctuations and gold reserves. Increase due to transactions was 23 billion dollars. Under the...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Consumers under major strain in Russian regions, industries struggle
Consumers under major strain in Russian regions, industries struggle Russia has experienced a nationwide slump in private consumption. In the first quarter of this year, the volume of retail sales, a...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Information briefings
BOFIT Venäjä-tietoisku BOFIT Kiina-tietoisku BOFIT Venäjä-tietoisku järjestetään vuosittain keväällä. Tietoiskuissa keskustellaan keskeisistä, ...
Bofit.fi / Bofit homepage / Monitoring
Former visitors
researchers Visitor Period of Visit Research Institute Yongjian Lyu 21.11.–14.12.2023 Southwestern University of Finance and Economics Sonalika Sinha 20.11.–15.12.2023 Reserve Bank of India John Earl...
Bofit.fi / Bofit homepage / Visiting Researchers Programme
Growth in Finnish-Russian trade subsides
Russia Growth in Finnish-Russian trade subsides Ruble depreciation has had a dampening effect on the growth of Finnish exports to Russia this year. While the value of Finland’s imports from Russia h...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian economic growth expected to slow this year
Russia Russian economic growth expected to slow this year The Russian economy recovered briskly last year from the Covid Recession, with GDP returning to pre-crisis levels already last summer. The p...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian goods trade has recovered in recent months
Russia Russian goods trade has recovered in recent months With the recovery in demand, Russia’s imports of goods have quickly rebounded from last spring’s nadir. The value of imports in September wa...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Finnish-Russian trade dips in first quarter
Russia Finnish-Russian trade dips in first quarter The value of Finland’s goods exports to Russia in the first three months of this year decreased by 5 % y-o-y to 722 million euros. Export tren...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020