After a selective start, Russia moves to beef up economic support
Russia After a selective start, Russia moves to beef up economic support Russia’s approved federal budget calls for brisk increases in spending this year. The government has announced it remains com...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Number of people in Russia living below minimum subsistence level up markedly
Number of people in Russia living below minimum subsistence level up markedly Largely stemming from last winter’s burst in inflation, real household incomes have been 4–5 % smaller on an on-year bas...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Finnish exports to Russia down sharply in the first half, exports to other countries unchanged
Finnish exports to Russia down sharply in the first half, exports to other countries unchanged Finnish goods exports to Russia amounted to €1.5 billion in the first half, down by a third from a year ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Falling oil prices weaken the ruble and increase risks to Russia’s economy
Falling oil prices weaken the ruble and increase risks to Russia’s economy The ruble’s slide accelerated after the price of Urals-grade crude oil approached the $40 mark last week. The ruble has los...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russia's constitutional reforms gained majority support in referendum as expected
Russia Russia's constitutional reforms gained majority support in referendum as expected Russia postponed its referendum on constitutional changes from late April to last Wednesday (July 1) due ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Slight downward revisions in forecasts for Russia’s economy in 2020
Russia Slight downward revisions in forecasts for Russia’s economy in 2020 Outlooks for the Russian economy of major international economic and financial organisations have been revised further down...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
While FDI inflows to Russia grew last year, they will likely contract sharply this year
Russia While FDI inflows to Russia grew last year, they will likely contract sharply this year The net inflow of foreign direct investment into Russia last year was $32 billion, a huge jump from the...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Prime minister Mishustin lays out Russia’s road to economic recovery
Russia Prime minister Mishustin lays out Russia’s road to economic recovery Mikhail Mishustin’s economic recovery plan hopes to reach a sustainable long-term growth path by the end of 2021. Over the...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Shifts in revenues and expenditures eat away Russia’s federal budget surpluses
Russia Shifts in revenues and expenditures eat away Russia’s federal budget surpluses As in 2015 and 2016, federal budget revenues from the production taxes and export tariffs of the oil and gas sec...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
After relatively robust first-quarter performance, Russia experiences collapse of industrial output and consumption in April
Russia After relatively robust first-quarter performance, Russia experiences collapse of industrial output and consumption in April Rosstat reports that Russia’s industrial output climbed by 1.5...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Rapid growth last year in military spending of Russia and China
Russia Rapid growth last year in military spending of Russia and China Data compiled by the Stockholm Peace Research Institute (SIPRI) show that total military expenditure by national governments la...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Outflow of private capital from Russia and foreign currency cash holdings up sharply in 4Q2014
Outflow of private capital from Russia and foreign currency cash holdings up sharply in 4Q2014 As the immediate reason to the ruble’s slide, together the net capital outflow and the forex cash increa...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russia’s economic growth slows further in August; BOFIT forecasts lower growth in the years ahead
Russia,economy Russia’s economic growth slows further in August; BOFIT forecasts lower growth in the years ahead GDP growth slowed in August The preliminary estimate of the economic development min...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Russia plans on increasing government spending next year; fighting inflation could become more difficult
Russia,economy Russia plans on increasing government spending next year; fighting inflation could become more difficult Federal budget revenues and spending set to rise next year Russia’s new budget...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Russia continued on a more moderate growth path in July; fixed investment supported first-half growth
Russia Russia continued on a more moderate growth path in July; fixed investment supported first-half growth Russian economic growth slowed significantly in June, but sustained its lower pace in Jul...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Covid case numbers rising in Russia; officials struggle with vaccine hesitancy
Russia Covid case numbers rising in Russia; officials struggle with vaccine hesitancy The number of confirmed covid-19 infections has risen sharply in Russia in recent weeks. Case growth has been fa...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
New US sanctions reduce presence of foreign investors in Russia’s bond market
Russia New US sanctions reduce presence of foreign investors in Russia’s bond market On April 15, United States officials at the behest of president Joe Biden announced new sanctions to take effect ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
BOFIT Forecast 2021−2023 for Russia sees recovery amid exceptionally large risks
Russia BOFIT Forecast 2021−2023 for Russia sees recovery amid exceptionally large risks Our latest Forecast for Russia sees Russian GDP recovering from last year’s 3 % dip by growing nearly 3&#...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russia expands price monitoring significantly; food prices under pressure to rise
Russia Russia expands price monitoring significantly; food prices under pressure to rise A government regulation will extend price monitoring widely by including a monitoring list of goods and servi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russia restarts gas deliveries to Ukraine; air travel between the two countries set to end
Russia restarts gas deliveries to Ukraine; air travel between the two countries set to end Having received from Naftogaz a $230 million advance payment for next winter’s gas, Gazprom this week again ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015