Ukraine gets new IMF programme
Ukraine Ukraine gets new IMF programme At its meeting this Tuesday (Dec. 18), the executive board of the International Monetary Fund (IMF) voted to grant Ukraine a new Stand-By Arrangement (SBA). Th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Brisk growth in Russian foreign trade
Brisk growth in Russian foreign trade Russian goods trade in the first quarter saw increases with nearly all trading partners across all main product categories. The value of exports exceeded $80 bil...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian government budget revenues rise, spending growth slows and budget deficit shrinks
Russia Russian government budget revenues rise, spending growth slows and budget deficit shrinks Revenues to the consolidated budget (federal, regional and municipal budgets, plus state social fund ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
No changes in Russian social entitlements for the time being
No changes in Russian social entitlements for the time being The national minimum wage will increase by 300 rubles to 7,800 rubles (€120) a month, but only in June 2017. The labour ministry notes the...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Revised PPP weights suggest Chinese economy is smaller than previously thought
China Revised PPP weights suggest Chinese economy is smaller than previously thought The International Comparison Program, in which many major international organisations and statistical offices aro...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
IMF disburses new loan tranche to Ukraine
IMF disburses new loan tranche to Ukraine At its meeting on Wednesday (Sept. 14), the executive board of the International Monetary Fund voted to grant Ukraine the third tranche of its four-year $17....
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian consumption and output declined in July
Russian consumption and output declined in July The volume of retail sales (seasonally adjusted) contracted further last month and was 5 % smaller than in July 2015. The decline from a year ago was s...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian government sector spending increased rapidly last year; oil price drop changes outlook
Russia Russian government sector spending increased rapidly last year; oil price drop changes outlook Growth in revenues to the consolidated budget (federal, regional and municipal budgets plus stat...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Liquidity in Russian banking sector recovers
Liquidity in Russian banking sector recovers Poor economic performance, fluctuations in the ruble’s exchange rate, the drop in foreign financing and increase in household savings rate have affected t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian demand remained slack in April
Russian demand remained slack in April The volume of seasonally adjusted retail sales continued to fall last month, declining about 5 % from April 2015. Household real incomes dipped from March, and ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Pressure on Russian government finances continues to increase
Pressure on Russian government finances continues to increase First-quarter revenues to the consolidated budget (federal, regional and municipal budgets plus state social funds) were down about 3 % f...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian economy has shrunk considerably from early 2015
Russian economy has shrunk considerably from early 2015 Seasonally adjusted figures show a substantial recovery in industrial output in the first three months of this year. Extractive industries, par...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Revised figures show some shifts in Russian GDP components in the past few years
Revised figures show some shifts in Russian GDP components in the past few years Rosstat’s revised annual data found no change in the GDP growth figures in 2012–2015. Compared to the previous data re...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Consumption and industrial output continued to decline in November
Consumption and industrial output continued to decline in November Rosstat reports that the seasonally adjusted volume of retail sales contracted in November for the eleventh month in a row this yea...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian farm output provides a small ray of light
Russian farm output provides a small ray of light The official end of the harvest season passed at the start of this month, even if it was estimated that less than 8 % of the land area dedicated to g...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Slow export growth in China in the first half; value of imports declines
Slow export growth in China in the first half; value of imports declines In the first six months of 2015, the value of exports increased about 1 % from 1H14. The value of imports declined 16 %. Expo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Founding documents signed for AIIB development bank
Founding documents signed for AIIB development bank The founding agreement for the China-led Asian Infrastructure Investment Bank (AIIB) was signed at the end of June by 50 counties, including Finla...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian finance ministry expects spending on defence and social security to plateau next year
Russian finance ministry expects spending on defence and social security to plateau next year In its budget policy framework proposal, the finance ministry noted it expects defence and social spendi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Decline of investment limited by oil and gas sector
Decline of investment limited by oil and gas sector Total investment of the economy has fallen since spring 2013. Last year, investment contracted 2.5 % y-o-y, and in the first quarter of this year...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
After a long pause, Ukraine receives new loan tranche from the IMF
Ukraine After a long pause, Ukraine receives new loan tranche from the IMF On Monday (Oct. 22), the executive board of the International Monetary Fund granted Ukraine a loan tranche of $700 million ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021