Russian oil production expected to remain at current levels also this year
Russia Russian oil production expected to remain at current levels also this year Russian oil production expected to remain at current levels also this year Russia last year produced crude oil abou...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Strong growth in Finnish-Russian trade
Russia Strong growth in Finnish-Russian trade The value of goods exports rose by 15 % last year to 3.4 billion euros. Strongest growth was in the machinery & equipment category, with the value o...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian military spending increased last year
Russia Russian military spending increased last year New figures released by the Stockholm International Peace Research Institute (SIPRI) show that Russia’s 2021 military spending amounted to 66 bil...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
India binges on Russian oil
India India binges on Russian oil By some unofficial estimates, India is purchasing over 1 million barrels of Russian crude oil daily, which amounts to nearly a quarter of India’s total oil imports....
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
IMF expects the Russian economy to grow by 1.7 % this year
Russia IMF expects the Russian economy to grow by 1.7 % this year The IMF's latest World Economic Outlook sees Russian GDP growth slowing next year to 1.5 %, which is in line with the IMF's ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Rosneft completes sale of 15 % stake in Vankorneft to the Indian ONGC
Rosneft completes sale of 15 % stake in Vankorneft to the Indian ONGC The Indian state energy company ONGC Videsh this week acquired a 15 % stake in Rosneft subsidiary Vankorneft for $1.3 billion. Th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
CBR sells majority stake in Sberbank to the Russian government
Russia* CBR sells majority stake in Sberbank to the Russian government The sale, announced last February (BOFIT Weekly 13/2020), took place last Friday (April 10). The transaction was originally set...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Finnish-Russian trade remains sluggish
Russia Finnish-Russian trade remains sluggish Finnish Customs reports that in the first half of 2019 the value of goods exports from Finland to Russia (1.8 billion euros) increased by 10 % and ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Strong growth in Russian bank lending continued last year
Russia,economy,BOFIT Weekly Review Strong growth in Russian bank lending continued last year Corporate borrowing driven by reduced access to international financing and generous interest-subsidy pro...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Yamal peninsula LNG production comes on stream
Yamal peninsula LNG production comes on stream Novatek's massive liquefied natural gas (LNG) project includes e.g. gas production, liquefaction plants and a harbour for shipping LNG. The first ph...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
The 2021 harvest was smaller than in previous years
Russia The 2021 harvest was smaller than in previous years According to preliminary figures released by Rosstat, Russia’s grain harvest last year was about 121 million metric tons. In comparison to ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian and ASEAN leaders meet in Sochi
Russian and ASEAN leaders meet in Sochi Russia has been a full dialog partner with the Association of Southeast Asian Nations (ASEAN) since 1996. Last week, the third joint summit was held in Sochi. ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Impacts of Eurasian Customs and Economic Unions on the Kazakhstan market become clear
Impacts of Eurasian Customs and Economic Unions on the Kazakhstan market become clear Even before Russia, Belarus and Kazakhstan established the Eurasian Customs Union (EACU) and unified their import...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian central bank keeps key rate unchanged
Russia,economy Russian central bank keeps key rate unchanged Last Friday (July 28), the governing board of the Central Bank of Russia decided to hold its key rate at 9 %. The board noted that inflat...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian export earnings near all-time highs; capital outflows increase
Russia Russian export earnings near all-time highs; capital outflows increase Preliminary balance-of-payments figures from the Central Bank of Russia show that the value of Russia’s exports of goods...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Finnish-Russian trade stages a comeback in the first half of this year
Russia Finnish-Russian trade stages a comeback in the first half of this year The value of goods and services exported from Finland to Russia rose by 11 % y-o-y in the first half of this year. ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russian economy began to contract in April
Russia Russian economy began to contract in April The impacts of Russia’s unprovoked attack on Ukraine are now beginning to emerge on a wider scale throughout the Russian economy. The scale of impac...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
The ruble continues to appreciate
Russia The ruble continues to appreciate The ruble’s official exchange rate dropped sharply after Russia invaded Ukraine, falling as low as 120 rubles to the dollar at one point. Since then, the rub...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian GDP contracts in November; inflation soars
Russian GDP contracts in November; inflation soars The economy ministry estimates 12-month GDP fell 0.5 % in November. While much of the drop reflected a sharp decline in manufacturing output, the d...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Effects of the coronavirus on the Russian economy remain limited for now
Russia Effects of the coronavirus on the Russian economy remain limited for now As there is still large uncertainty on the duration and extent of the coronavirus epidemic, the potential impact on th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020