China-Russia trade continued to strengthen in first quarter of this year
China-Russia trade continued to strengthen in first quarter of this year China’s imports from Russia have increased substantially faster than exports to Russia since February 2022. As a result, China...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Improvement of Russia's government sector finances at all budget levels
Improvement of Russia's government sector finances at all budget levels Last year saw large gains in federal budget revenues (up 18 %), while tax revenues flowing directly to state social funds a...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia's public sector finances recover this year; tightening expected next year
Russia Russia's public sector finances recover this year; tightening expected next year Russia's public sector finances recover this year; tightening expected next year The finance ministry...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Growth in China’s foreign trade slowed in March; exports to Russia fell
China Growth in China’s foreign trade slowed in March; exports to Russia fell The latest foreign trade figures released by China Customs show that the value of goods exports in January-March grew by...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Ruble and stock markets tumble on Russia’s February 24 invasion of Ukraine
Russia Ruble and stock markets tumble on Russia’s February 24 invasion of Ukraine The ruble’s exchange rate has fallen to historical lows this week. Western sanctions have blocked the Central Bank o...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia’s deposit insurance agency is given the administration of Yugra Bank
Russia Russia’s deposit insurance agency is given the administration of Yugra Bank Russia’s deposit insurance agency is given the administration of Yugra Bank In terms of total assets, Yugra is Rus...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
This year's IMF Article IV consultation provides important recommendations to Russia
Russia This year's IMF Article IV consultation provides important recommendations to Russia This year's IMF Article IV consultation provides important recommendations to Russia The IMF kept...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Export earnings fattened Russia’s Q1 current account surplus; substantial capital outflows
Russia Export earnings fattened Russia’s Q1 current account surplus; substantial capital outflows The CBR’s unusually thin preliminary balance-of-payments report shows that the value of Russian expo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia seeks to increase food supply independence through trade and agriculture policies
Russia seeks to increase food supply independence through trade and agriculture policies Russia seeks to increase food supply independence through trade and agriculture policies Russia, which has lo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Despite promising signs, the basis of Russia's economic recovery remains fragile
Despite promising signs, the basis of Russia's economic recovery remains fragile Despite promising signs, the basis of Russia's economic recovery remains fragile Growthin industrialoutput ju...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia's central bank lowers key rate and revises forecast up slightly
Russia's central bank lowers key rate and revises forecast up slightly Russia's central bank lowers key rate and revises forecast up slightly At its regular monetary policy meeting on June 1...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia’s unprovoked attack on Ukraine draws massive economic sanctions from the West
Russia Russia’s unprovoked attack on Ukraine draws massive economic sanctions from the West The new sanctions include restrictions on the financial sector, export bans and sanctions targeting specif...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Employment in Russia returns to pre-recession levels as unemployment drops to historical lows
Russia Employment in Russia returns to pre-recession levels as unemployment drops to historical lows The 2020 recession was brief and rather shallow, causing the number of employed persons to declin...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Government fixed investment soars in Russia as corporate fixed investment remains weak
Russia Government fixed investment soars in Russia as corporate fixed investment remains weak Rosstat reports that fixed investment rose in real terms as much as by 4 % y-o-y in the second quar...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
The fastest recovery phase for Russia's government budgets is over
Russia The fastest recovery phase for Russia's government budgets is over The fastest recovery phase for Russia's government budgets is over The recovery of revenues to the consolidated bud...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia reaches agreement with OPEC and other oil-producing countries on keeping cuts in place
Russia Russia reaches agreement with OPEC and other oil-producing countries on keeping cuts in place Russia reaches agreement with OPEC and other oil-producing countries on keeping cuts in place Th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Weaker revenues and higher spending reign Russia’s federal and regional budgets
Russia Weaker revenues and higher spending reign Russia’s federal and regional budgets Due to various revenue streams other than oil & gas tax revenues, the slide in nominal federal budget reven...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
US refrains from imposing new sanctions on Russia, but Power Machines goes on the sanctions list
Russia US refrains from imposing new sanctions on Russia, but Power Machines goes on the sanctions list Last week,the US addedthe namesof 30 persons and firms to its SDN sanctions list imposed on Ru...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Strict 2018 spending rules approved for Russia's federal budget and pension fund
Russia Strict 2018 spending rules approved for Russia's federal budget and pension fund Federal budget spending is set to contract slightly next year in nominal ruble terms, which means a real d...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia facing harsher economic outlook for the rest of this year
Russia Russia facing harsher economic outlook for the rest of this year The preliminary figures from Rosstat show Russian GDP contracted by 4 % y-o-y in the second quarter. Thanks to strong gro...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022