Rapid growth in Russian goods trade continued in first quarter
Russia Rapid growth in Russian goods trade continued in first quarter The value of goods exports in the first quarter slightly exceeded $100 billion, an increase of over 20 % y-o-y. Rising oil price...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian central bank plans to start "bad" bank
Russia Russian central bank plans to start "bad" bank Central Bank of Russia deputy governor Vasily Pozdyshev said Monday (Apr. 2) that problem loans and certain other assets of the banks ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian investments focused increasingly on oil & gas last year
Russia Russian investments focused increasingly on oil & gas last year Russian investments focused increasingly on oil & gas last year After years of contraction, Russia's total fixed i...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
CBR lowers key rate; oil, ruble and stock markets down in recent weeks
Russia CBR lowers key rate; oil, ruble and stock markets down in recent weeks CBR lowers key rate; oil, ruble and stock markets down in recent weeks The Central Bank of Russia continued monetary ea...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Ruble rise halted in 2017
Russia Ruble rise halted in 2017 Ruble rise halted in 2017 After appreciating for a few months early last year, the ruble's exchange rate generally slid down. While the ruble's December ave...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Proposed changes to Russian legislation could reduce economic transparency
Russia Proposed changes to Russian legislation could reduce economic transparency The government this week submitted to the Duma draft legislation that modifies rules on public disclosure of certain...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Ruble rate and oil prices weaker after strong performance early in the year
Russia Ruble rate and oil prices weaker after strong performance early in the year The ruble’s exchange rate and oil prices strengthened in the early part of 2019. While both have been on a downward...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Moderate rise in Russian government spending
Russia Moderate rise in Russian government spending Revenues to Russia’s consolidated budget (federal, regional and municipal budgets plus state social funds) in the first half of this year were up ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian economic growth driven almost exclusively by private consumption
Russia Russian economic growth driven almost exclusively by private consumption Newly released Rosstat figures show that the slowdown in GDP growth to just 0.5 % y-o-y in the first quarter was due t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
India set to surpass China as the world’s most populous country around 2027
China India set to surpass China as the world’s most populous country around 2027 The UN’s new population outlook, World Population Prospects 2019, released last month expects the global population ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Research Fellows
2022- Jan Fidrmuc / Lille Économie Management (L.E.M), Université de Lille Jan Fidrmuc holds the Accueil de talents 2020 chaire d'excellence professorship at Lille Économie Manageme...
Bofit.fi / Bofit homepage / Personnel
Government support keeps banking sector stable in first year of war
#Russia Government support keeps banking sector stable in first year of war In Russia’s bank centric financial markets, bank lending pays a significant role in corporate finance. Given that the sta...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Call for Papers: Workshop on Banking in Emerging Markets: Challenges and Opportunities
BOFIT conference Call for Papers: Workshop on Banking in Emerging Markets: Challenges and Opportunities Call for Papers 10th CInSt Annual Banking Workshop on Banking in Emerging Markets: Challenges ...
Bofit.fi / Bofit homepage / BOFIT / News / 2021
The third unit of the natural gas liquefaction plant in Yamal went into operation in November
Russia The third unit of the natural gas liquefaction plant in Yamal went into operation in November The plant is located on the coast of the Arctic Ocean. It brought its first unit, or train, on st...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Ruble rate holds steady despite falling oil prices and Kerch Strait skirmish
Russia Ruble rate holds steady despite falling oil prices and Kerch Strait skirmish The price of Urals-grade crude oil declined by 30 % in October and November, from above 85 dollars a barrel to und...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian industrial output and retail sales continue relatively strong growth in August
Russia Russian industrial output and retail sales continue relatively strong growth in August Industrial output in August rose by 2.7 % from a year earlier, whereas in July it grew by 3.9 %. The lev...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Improved Russian federal budget performance; deficit shrinks
Russia Improved Russian federal budget performance; deficit shrinks 2017fourth-quarter budget revenues were again up significantly from 4Q16 (not including funds received in 4Q16 from the sale of a ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
CBR considers ways to support fixed investment and reduce forex dependency
Russia CBR considers ways to support fixed investment and reduce forex dependency According to the Central Bank of Russia’s recent draft documents on 2023–2025 monetary policy and financial market d...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian federal budget revenues continue to deteriorate
Russia Russian federal budget revenues continue to deteriorate Nominal revenues to the federal budget in June were up by a meagre 1.5 % y-o-y. This translates to a very large drop in real terms...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
International Monetary Fund predicts high economic growth this year for rich economies and tepid growth for many emerging economies
Russia International Monetary Fund predicts high economic growth this year for rich economies and tepid growth for many emerging economies The IMF’s July World Economic Outlook sees global growth at...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021