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EU and Gazprom resolve long-running gas dispute

Russia EU and Gazprom resolve long-running gas dispute An investigation by the European Commission launched in autumn 2012 found that Gazprom broke the EU's competition regulations in many centr...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018

Recession hits Russian regions

Recession hits Russian regions Private consumption has fallen considerably. The volume of retail sales in the first half was down 6–12 % y-o-y in most of the eight Federal Districts. The decline in t...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015

Ruble appreciation enters third month

Ruble appreciation enters third month The ruble’s recent recovery reflects stabilisation of global oil prices and reduced foreign currency demand in Russia. Demand for foreign currency is no longer a...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015

CBR again lowers key rate and forecasts moderate inflation

Russia CBR again lowers key rate and forecasts moderate inflation Last Friday (Jul. 26), the Board of Directors of the Central Bank of Russia, as generally expected, decided to lower the key rate by...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019

Russian social security system – expensive and rigid

Russian social security system – expensive and rigid A fresh World Bank report finds Russia's social security costly and complex. Social spending on federal and regional levels, and via social fu...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017

Even with stabilisation of oil prices, the ruble has lost value in recent months

Russia Even with stabilisation of oil prices, the ruble has lost value in recent months The external value of the ruble has traditionally tracked – almost slavishly – changes in world crude oil pric...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020

President Putin speaks to foreign investors at St. Petersburg international economic forum

President Putin speaks to foreign investors at St. Petersburg international economic forum ​Putin thanked investors who have continued to operate in Russia despite the political situation. He noted t...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015

Russian foreign trade development remains muted

Russia Russian foreign trade development remains muted The value of Russian goods exports contracted by 5 % y-o-y in the first nine months of this year to a level of 390 billion dollars. The co...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019

Russian imports on the rise; modest capital flows

Russia Russian imports on the rise; modest capital flows Preliminary balance-of-payments figures from the Central Bank of Russia show that the value of Russian imports of goods and services in dolla...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019

President of Kazakhstan resigns

Russia President of Kazakhstan resigns 78-year-old Nursultan Nazarbayev, Kazakhstan’s leader since the break-up of the Soviet Union, announced his resignation on March 19. The speaker of the upper h...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019

Growth in Russian household borrowing accelerated in 2018

Russia Growth in Russian household borrowing accelerated in 2018 The Central Bank of Russia reports that the household credit stock increased during the past two years. Growth accelerated substantia...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019

As the ruble weakens, Russian import spending growth lags export earnings growth

Russia As the ruble weakens, Russian import spending growth lags export earnings growth In the third quarter of this year, the total value of Russian goods exports in dollar terms was 31 % larg...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018

Russian first-quarter growth supported by extractive sector and certain service-sector branches

Russia Russian first-quarter growth supported by extractive sector and certain service-sector branches The latest Rosstat figures show Russia’s seasonally adjusted gross domestic product in the firs...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019

Russian GDP back to pre-covid levels

Russia Russian GDP back to pre-covid levels Preliminary figures from Rosstat show that Russia’s gross domestic product rose by 10.3 % y-o-y in the second quarter. Russia struggled with the deep...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021

CBR launches English-language research paper series

CBR launches English-language research paper series The central bank’s new Working Paper Series includes papers on inflation indicators, functioning of the loan markets and modelling of the Russian e...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015

National Welfare Fund again close to 12 % of Russian GDP

Russia National Welfare Fund again close to 12 % of Russian GDP At the end of 2020, Russia’s “excess” earnings on energy and higher share prices boosted the value of the National Welfare Fund t...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021

No signs of improvement for the Russian economy

#Russia No signs of improvement for the Russian economy Rosstat reports that industrial output contracted by 2 % y-o-y in January-February. Mining & quarrying production fell by 3.1 %,...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023

Russian economic growth continued much slower in March

Russia,economy,BOFIT Weekly Review Russian economic growth continued much slower in March Russia’s economic development ministry estimates that the country’s GDP growth fell in March to just 1.4 % y...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025

Russian spending on private insurance increases

Russia Russian spending on private insurance increases The Central Bank of Russia reports that in 2018 Russians paid a total of 1.48 trillion rubles (20 billion euros) for various types insurance (e...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019

Robust growth in Russian goods imports

Russia Robust growth in Russian goods imports Supported by a recovery in demand, the value of goods imports rose 14 % y‑o‑y in the first three months of this year. Goods imports have already ex...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021