Russia's fiscal sector strengthened in 2017
Russia Russia's fiscal sector strengthened in 2017 Russia's fiscal sector strengthened in 2017 Consolidated budget revenues (federal, regional and municipal, plus social funds) increased by...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia loses more educated people than receives
Russia Russia loses more educated people than receives Russia loses more educated people than receives The Gaidar Institute recently published a review on migration of educated people in Russia. Re...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Sharp drop in births in Russia
Russia Sharp drop in births in Russia Therewere fewer than 1.7 million live births in Russia last year, a drop of 200,000 births from 2016. Last time such a drop in births was seen in early 1990s af...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Concerns over Russia's regional budget deficits
Russia Concerns over Russia's regional budget deficits Regional budgets (consolidated budgets of the regional and local levels) represent slightly over a third of Russia's government-sector ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Finland’s trade with Russia has collapsed
Russia Finland’s trade with Russia has collapsed The value of Finnish goods exports to Russia in September fell by 76 % y-o-y to just 80 million euros. It was the lowest value in exports to Rus...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Recovery in fixed investment in Russia slows
Russia Recovery in fixed investment in Russia slows Fixed investment grew by over 3 % y-o-y in the third quarter, down from growth above 6 % in the second quarter. Investment was up by 4.2 % y-o-y i...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia posts uneven economic performance in September
Russia Russia posts uneven economic performance in September Russia posts uneven economic performance in September On the consumption side, the recovery seemed to strengthen, with retail sales risi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia wants to spur e-commerce
Russia Russia wants to spur e-commerce Russia wants to spur e-commerce The Russian administration has recently been enthused over digital economy and compiled related development programmes, most r...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Rapid growth in Finland-Russia trade
Russia Rapid growth in Finland-Russia trade The value of Finnish goods exports to Russia inthe second quarter rose 13 % y-o-y. Export growth faded in the spring, but picked up steam in May and June....
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Employment in Russia has continued to rise
Russia Employment in Russia has continued to rise Rosstat’s second-quarter labour force survey finds that the number of employed persons rose further on-year despite the economic downturn. On the ot...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia seeks new oil export markets
Russia Russia seeks new oil export markets Russian oil production still showed modest growth early this year, but many of Russia’s traditional customers for crude oil reduced their purchases after t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Big differences across sectoral contractions in Russia
Russia Big differences across sectoral contractions in Russia Russia’s economy ministry reports that June GDP was down by nearly 5 % on year while April GDP had been down by nearly 3 % whe...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Banking sector conditions stabilise in Russia
Russia Banking sector conditions stabilise in Russia With the invasion of Ukraine in February 2022, fears of new sanctions and increased general censorship have caused a scarcity in data on banking ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia's middle class hit by recession
Russia's middle class hit by recession A new Sberbank survey finds that the number of Russians that see themselves as middle class has declined sharply over the past two years. A study from the I...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Prices continue to soar in Russia
Russia Prices continue to soar in Russia Consumer prices have skyrocketed since Russia’s invasion to Ukraine last month. Import prices shot up with the ruble’s collapse. Prices of many food items ha...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Still waiting for Russia’s economic recovery
Still waiting for Russia’s economic recovery The latest Rosstat figures on GDP demand components and imports show that the volume of Russian exports of goods and services recovered from a first-quart...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russia sanctions affecting China as well
China,Russia Russia sanctions affecting China as well In the first two weeks after Russia’s unprovoked invasion of Ukraine, China sought to strike a balance with both sides in its political statemen...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Fixed investment in Russia has grown
Russia Fixed investment in Russia has grown Growth of the real volume of fixed investment, which accelerated in the second quarter, continued its fairly good rise in the third quarter. In second qua...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russia prepares for serious budget tightening
Russia prepares for serious budget tightening The government earlier this month gave its initial approval to the 2017–19 federal budget framework. Finance minister Anton Siluanov said the budget reve...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russia seeks ways to reduce grey pay
Russia seeks ways to reduce grey pay Facing budgetary shortfalls, the government is trying to increase revenues also by improving tax collection. Finance minister Siluanov has noted that grey wages ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016