Russian pipeline gas exports to EU effectively cease
Russia Russian pipeline gas exports to EU effectively cease On September 2, Gazprom shut off all gas flow in the Nordstream 1 gas pipeline running along the bottom of the Baltic Sea from Russia to G...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian industrial output grew at a moderate pace last year
Russia Russian industrial output grew at a moderate pace last year Industrial output in 2018 was up 2.9 % from the previous year. However, seasonally-adjusted time series have shown little indicatio...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
EU ban on imports of Russian coal goes into effect
Russia EU ban on imports of Russian coal goes into effect The EU’s ban on imports of Russian coal entered into force on August 10. The EU decision to ban Russian coal, which was made last April, inc...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian oil production volumes fell in April
Russia Russian oil production volumes fell in April The International Energy Agency (IEA) reports that Russian crude oil output averaged around 10 million barrels a day in the first three months of ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Capital controls enable ruble recovery
Russia Capital controls enable ruble recovery The ruble’s exchange rate crashed immediately after Russia invaded Ukraine. As Western sanctions restrict the access to central bank’s foreign currency ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian firms give low marks to government agencies with respect to business environment improvement
Russia Russian firms give low marks to government agencies with respect to business environment improvement Problems in public administration present a long-standing barrier to improving the busines...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
CBR lowers key rate by 100 basis points
Russia CBR lowers key rate by 100 basis points On June 19, the Central Bank of Russia lowered its key rate by a full percentage point, dropping it to 4.5 %. The CBR executive board based its de...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
New OPEC+ agreement on oil production ceilings fails to calm markets
Russia* New OPEC+ agreement on oil production ceilings fails to calm markets At a meeting on Monday (Apr. 12) of the OPEC+ group of oil-producing countries (led by Saudi Arabia and Russia), the part...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
BOFIT forecast sees Russian economy returning to growth
BOFIT forecast sees Russian economy returning to growth Preliminary data suggest Russian GDP still contracted last year by 0.2 %, but our latest Forecast for Russia sees GDP rising by 1.5 % this year...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian and Chinese arms exports decline
Russia,China Russian and Chinese arms exports decline The recent update of the Stockholm International Peace Research Institute’s SIPRI Arms Transfers Database shows that the volume of the internati...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Moscow stock exchange made gains in second half of 2020
Russia Moscow stock exchange made gains in second half of 2020 Last spring the drop in oil prices and the collapse of international financial markets were reflected immediately on the Moscow Exchang...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Uneven development in Russian regions last year
Russia Uneven development in Russian regions last year Uneven development in Russian regions last year While Russian industrial output and retail sales overall grew by about 1 % last year, industri...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Digital archives of publication series
Digital archives of publication series All BOFIT publications can be found in digital (PDF) format in the Bank of Finland's institutional repository. The Bank of Finland’s Unit for Eastern Europe...
Bofit.fi / Bofit homepage / Publications
Revenue boom of Russian federal budget begins to normalise
Russia Revenue boom of Russian federal budget begins to normalise After climbing by nearly 30 % last year in nominal terms, budget revenues rose another 13 % y-o-y in the first quarter of ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
New data on last year’s improved performance of Russian economy
Russia New data on last year’s improved performance of Russian economy Rosstat’s fresh figures reinforce their first-round estimate that 2018 GDP growth at 2.3 % clearly beat out the 2017 perfo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Modest growth in Russian industrial output continues
Russia Modest growth in Russian industrial output continues The volume of industrial output rose by 2.4 % y-o-y in November. The pace of growth was in line with the industrial output trend of s...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Slow recovery in Russian consumption continues; good increases in industrial output
Russia Slow recovery in Russian consumption continues; good increases in industrial output Despite its slow revival pace, the recovery in seasonally-adjusted retail sales plodded forward in May. The...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian fixed investment continue reasonable recovery, with further weight on oil and gas
Russia Russian fixed investment continue reasonable recovery, with further weight on oil and gas The volume of fixed investment in the first quarter, which rose by 3.6 % from the same period last ye...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Trends weakened in many branches of the Russian economy in March
Russia Trends weakened in many branches of the Russian economy in March The economic disruption from Russia’s war on Ukraine and Western economic sanctions was reflected immediately in Russia’s fina...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
CBR keeps key rate at 11 %
CBR keeps key rate at 11 % The importance of pursuing cautious monetary policy was emphasised in the Central Bank of Russia’s statements on the rate decision. Inflation has slowed in past months on e...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016