Russian manufacturing on the road to recovery, while extractive industries remain in a deep slump
Russia Russian manufacturing on the road to recovery, while extractive industries remain in a deep slump Industrial output was in June down almost as much in on-year terms as in May, with the output...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
CBR lowers key rate; no further interest rate cuts expected this year
CBR lowers key rate; no further interest rate cuts expected this year At its regular meeting on September 16, the Central Bank of Russia executive board dropped the key rate by 0.5 percentage points ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian pensioners get one-time payment and a return to inflation-indexed pensions
Russian pensioners get one-time payment and a return to inflation-indexed pensions The government announced last week that every pensioner will receive a one-time payment of 5,000 rubles (about €70) ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian state reduces stake in diamond giant Alrosa
Russian state reduces stake in diamond giant Alrosa In a secondary public offering (SPO), the government sold off mostly to Russian and European investors a 10.9 % stake in the diamond company. Afte...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian government submits proposals to the Duma on raising the retirement age and VAT hike
Russia Russian government submits proposals to the Duma on raising the retirement age and VAT hike Last week the government finally agreed on a long-discussed move to raise the retirement age. As pr...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
State gives small income hikes and tiny tax reliefs to Russians
Russia State gives small income hikes and tiny tax reliefs to Russians Wages and pensions paid out of government budgets at various levels fell sharply in real terms in 2014–16 on small nominal cost...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
CBR to buy forex on the market for the finance ministry
CBR to buy forex on the market for the finance ministry The finance ministry announced that the background is refraining from using extra oil & gas tax revenues (i.e. income that results from Ura...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Geopolitical concerns weigh on ruble exchange rate
Russia Geopolitical concerns weigh on ruble exchange rate The price of Urals-grade crude oil almost touched the $70 mark in early March, but has since settled back to near the $60 level. Since Novem...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russian firms borrow modestly
Russian firms borrow modestly Russia’s troubled economy and financial market sanctions have contributed to a collapse this year in the issued volume of international corporate bonds and syndicated lo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
No changes expected in Russian corporate taxation in coming years
No changes expected in Russian corporate taxation in coming years Last week, finance minister Anton Siluanov presented his ministry’s proposed tax policy framework for 2016–2018. He promised that the...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Foreign debt of Russian banks and companies shrank last year, repayments ahead
Foreign debt of Russian banks and companies shrank last year, repayments ahead The largest drop in foreign debt occurred in the second half of the year, and at year’s end the debt stood at $548 billi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Recent studies examine transport projects in Central Asia
Russia Recent studies examine transport projects in Central Asia A recent report from the OECD’s International Transport Forum (ITF) examines the potential for countries in Central Asia to beco...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Publications
Research papers are published in our BOFIT Discussion Papers series, while topics of current interest are addressed in the BOFIT Policy Brief series. BOFIT blog entries in Finnish or English are poste...
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US Congress passes long-awaited military assistance package for Ukraine
US Congress passes long-awaited military assistance package for Ukraine The US Congress passed a $61 billion support package for Ukraine and President Joe Biden signed the legislation into law on Wed...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Ukraine’s economy returns to growth, but recovery from war’s destruction takes time
Ukraine’s economy returns to growth, but recovery from war’s destruction takes time Ukraine’s GDP contracted by 29 % last year due to Russia’s illegal war of aggression. Economic activity declin...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Archive search
BOFIT Weekly Review yearbooks 2004– Russian and Baltic Economies - The Week in Review yearbooks 2001–2003 Read more Archive search You can search for BOFIT Weekly Review articles on economic issues...
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Call for BOFIT Visiting Researchers Programme for autumn/winter 2023 is now open
visiting researchers programme Call for BOFIT Visiting Researchers Programme for autumn/winter 2023 is now open BOFIT Visiting Researchers Programme – call for autumn/winter 2023 is open until 1 May...
Bofit.fi / Bofit homepage / BOFIT / News / 2023
Ukraine’s economy shrank by about a third last year
#Ukraine Ukraine’s economy shrank by about a third last year According to the preliminary assessments, the country’s GDP contracted by roughly 30 % last year. Both private consumption and fixed...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Russian industrial output growth accelerated in April
Russian industrial output growth accelerated in April After three months of lower growth this year, industrial output growth accelerated in April to 4.6 % y-o-y. For the January-April period, in...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
China’s foreign trade contracted in January-February
China China’s foreign trade contracted in January-February China Customs valued the country’s goods exports in January-February at 350 billion dollars, a 5 % decrease from the first two months of 20...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019