Ukraine receives its fourth IMF loan tranche
Ukraine receives its fourth IMF loan tranche At its meeting this week, the executive board of the International Monetary Fund approved release of the fourth tranche of a $17.5 billion support programm...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2017
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 start page / Monitoring / Weekly Review / 2017
Russian industrial output contracted in September
Russian industrial output contracted in September Total seasonally and workday-adjusted industrial output contracted slightly in September from August. The volume of production was down 0.8 % y-o-y. ...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2016
Russian inflation averaged 11.4 % in 2014
Russian inflation averaged 11.4 % in 2014 Inflation staged a dramatic pickup in November and December. Preliminary Rosstat figures show food prices increasing at an on-year rate above 15 % in December...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015
Russian domestic demand down sharply in April
Russian domestic demand down sharply in April The slide in the volume of retail sales accelerated to 10 % y-o-y, a drop similar to that witnessed during the 2009 recession. In January-April, the...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015
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 nom...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2018
Russian budget surplus expected to shrink in the next few years
Russia Russian budget surplus expected to shrink in the next few years The consolidated budget forecast released in April sees budget revenues increasing this year at about 3 % p.a. an...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2019
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 a...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2018
Several factors affect decline in Russian household income and spending
Several factors affect decline in Russian household income and spending Private consumption last year fell by 5 % and real household incomes by 6 %, even as the average real wage rose slightly. Severa...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2017
Russian economic decline started to slow in June
Russia Russian economic decline started to slow in June The economy ministry estimates that the 12-month drop in GDP was no longer more grave than 6.5 % from June 2019, following the r...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2020
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) n...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2016
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 percentag...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2016
Russian imports finally on the rise
Russian imports finally on the rise Measured in US dollars, the value of imported goods rose at a rate of nearly 6 % y-o-y in the third quarter. In the on-year terms, it was the first increase in impo...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2016
Rehn_Olli_2021.pdf
agreed between the Fed, the ECB and four other Western central banks preserved dollar funding, which is the fuel of the financial system and thus of the world economy. And all through the crisis, coop...
Bofit.fi / globalassets / puheet
ar2015en.pdf
influenced by exchange rate movements. While the appreciation of the US dollar and the pound sterling at the beginning of the year led to additional downward pressure on inflation in the respective...
Bofit.fi / globalassets / en / media-and-publications / publications / ecb-publications / ecb-annual-report / documents
CEPR2009_RoseSpiegel_paper.pdf
-53.2 6.1 Kazakhstan 3.2 -8.9 -65.7 -2.1 Lithuania 3.7 -7.9 -66.0 1.3 Australia 2.1 -4.5 -43.0 24.0 South Africa 3.1 -4.7 -26.3 33.2 Turkey 1.5 -3.0 -52.4 27.6 Bulgaria 5.4 -6.6 -79.7 1.6 Italy...
Bofit.fi / globalassets / en / research / seminars-and-conferences / conferences-and-workshops / documents / cepr2009
Mtvuosi1010_en.pdf
contract in October, for the year as a whole, exports declined more than imports, which had a weakening effect on the trade balance. In 2009, Finland’s major export countries were Germany, Swede...
Bofit.fi / globalassets / en / statistics / maksutase / documents
Rosl_Seitz_Cash and Crises-No surprises by the virus.pdf
Covid-19 Remarks: Data refer to cash or banknotes in circulation. Countries included are Egypt, Australia, Brazil, China (since 2006), Denmark, Germany (until end of 2001), Euro area (since 2002),...
Bofit.fi / globalassets / en / research / seminars-and-conferences / conferences-and-workshops / documents / eopx2021
060421IMF_report.pdf
natural disasters. The preliminary data for 2005 shows that growth was 4.8 percent, up by 0.5 percentage points compared with September last year. The US economy has remained the main engine of glob...
Bofit.fi / globalassets / en / bank-of-finland / tasks / international-cooperation / reports
JVK2007.pdf
2009 2 v 0 kk 4 pv/ Bullet n. 100 % indeksihyvitys Huittisten Säästöpankki Debentuurilaina I/2007 EUR 5.0 26.11.2007 26.11.2012 5 v 0 kk 0 pv/ Vuosittain yhtä suurissa eriss...
Bofit.fi / globalassets / sv / medier-och-publikationer / pressmeddelanden / documents