Russian households cut back on spending, durable goods most affected
Russia Russian households cut back on spending, durable goods most affected Household spending on goods and services fell by 7 % y-o-y in real terms in the second and third quarters. H...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2022
Russian economic trends remained stable in August
Russia Russian economic trends remained stable in August Primary production, construction and certain industrial branches related to construction and defence (e.g. cement production and met...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2022
Significant changes again in structure of investments in Russia
Significant changes again in structure of investments in Russia Overall investment in the economy in the first half of this year contracted over 5 % y-o-y, but there were significant variati...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015
CBR monetary policy programme foresees drop in inflation and heavy reliance on Reserve Fund
CBR monetary policy programme foresees drop in inflation and heavy reliance on Reserve Fund The Central Bank of Russia’s latest monetary policy programme keeps in place almost all the outcom...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015
Russia's near-term plans for government sector finances taking shape
Russia Russia's near-term plans for government sector finances taking shape The finance ministry's government sector budget framework for 2019–21 foresees that rapid growth in revenues of the ...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2018
Oil market price volatility calms a bit
Russia Oil market price volatility calms a bit In just a month, the price of Brent crude rose from around $20 a barrel to nearly $35. The current price is now on par with levels in early Ma...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2020
Mikhail Mamonov: Unbelievable balance sheets: Is it possible to estimate the size and real effects of hidden negative capital in banking?
Tuesday 8 March 2016 at 10.30–11.30 Mikhail Mamonov (Center for Macroeconomic Analysis and Short-term Forecasting, Moscow): Unbelievable balance sheets: Is it possible to estimate the size and re...
Bofit.fi / BOFIT start page / Research / Seminars / BOFIT seminars 2011–2016 / 2016
Russian fixed investment developments vary across sectors
Russia Russian fixed investment developments vary across sectors Growth in fixed investments in the first half of this year cooled off to 0.6 % y-o-y, the slowest pace since growth rem...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2019
Russian federal budget revenues and expenditures rise; inflation undermines purchasing power
Russia Russian federal budget revenues and expenditures rise; inflation undermines purchasing power Nominal revenues to the federal budget were up by 35 % y-o-y in the first quarter, a...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2022
Russia approves changes in taxation on consumption and corporations
Russia Russia approves changes in taxation on consumption and corporations The changes to the tax laws signed by president Putin early this month enter into force at the beginning of 2019. A...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2018
Strong growth in bank lending fuels Russian domestic demand
Russia Strong growth in bank lending fuels Russian domestic demand The stock of household loans grew last year by 23 % and the stock of corporate loans by 12 %. Growth in housing ...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2022
Slowing growth in Russian foreign trade
Russia Slowing growth in Russian foreign trade Even with the slowdown, the value of goods exports and goods imports increased in 3Q17 still by about 20 % y-o-y in dollar terms. The higher v...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2017
Russian economic recovery begins to cool
Russia Russian economic recovery begins to cool While Russian GDP recovered to pre-pandemic levels in the second quarter of this year, the pace of recovery in recent months has slowed. The ...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2021
New sanctions on Belarus foreign trade
Russia New sanctions on Belarus foreign trade Last week marked the first anniversary of the disputed Belarus presidential election. In the interim, the Belarus government has committed exte...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2021
Fixed investment by Russia's large and mid-sized firms still in low territory
Fixed investment by Russia's large and mid-sized firms still in low territory Rosstat reports that the recovery in seasonally adjusted total fixed investment continued in the fourth quar...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2017
Russian foreign trade contracted sharply in the fourth quarter
Russian foreign trade contracted sharply in the fourth quarter Russian customs reports the value of goods exports and imports in the fourth quarter of 2014 were down nearly 20 % y-o-y, and that in Dec...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015
Exports of Russian pipeline gas down over 10 % last year
Exports of Russian pipeline gas down over 10 % last year The Central Bank of Russia reports that about 175 billion m3 of natural gas were exported last year. Exports to Ukraine were down sig...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015
China’s global car exports boom
emerging economies. Over the past twelve months, Russia has become China’s largest car export market. China Customs reports that China exported 308,000 cars to Russia, which was just...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2023
Livdan_etal_Money Illiquidity.pdf
financial conditions, firm-to-bank financial relations, and firm-to-firm business relations. We use the most granular transaction-level data from the Moscow branch of the Central Bank of Russia...
Bofit.fi / globalassets / en / research / seminars-and-conferences / conferences-and-workshops / documents / eopx2021
Russian production and imports recovered, government still posts large deficit
PRODUCTION, CONSUMPTION, EMPLOYMENT AND IMPORTS The Russian economy has recovered from the downturn of spring 2022. The latest forecasts point to recovery of GDP this year. The IMF’s forecast now sees...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2023