Dispute over pension system resolved
Dispute over pension system resolved On April 23, the government declared a resolution to its two-year dispute over the suspension of the “funded component” of the pension system. The funded componen...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Modest development in Russian incomes continues this year
Modest development in Russian incomes continues this year While real disposable income of Russians has increased marginally this year, the weak development in previous years puts it on par with the 2...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
IMF lowers growth forecast for global economy
Russia IMF lowers growth forecast for global economy The latest World Economic Outlook from the International Monetary Fund (IMF) sees growth of the global economy slowing this year to 3 % and ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Report finds that one in three Russian workers involved in informal employment
Russia Report finds that one in three Russian workers involved in informal employment A just-released survey from the Russian Presidential Academy of National Economy finds that about 25 million Rus...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Kremlin imposes strict economic targets on regional leaders
Russia Kremlin imposes strict economic targets on regional leaders Under a new rule introduced this spring, regional leaders are now evaluated according to 14 different criteria. The main measures o...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Call for Papers: Workshop on Banking in Emerging Markets: Challenges and Opportunities
BOFIT conference Call for Papers: Workshop on Banking in Emerging Markets: Challenges and Opportunities Call for Papers 9th CInSt Annual Banking Workshop on Banking in Emerging Markets: Challenges a...
Bofit.fi / Bofit homepage / BOFIT / News / 2019
Chinese and Russian presidents extol good economic relations at St. Petersburg economic forum
Russia Chinese and Russian presidents extol good economic relations at St. Petersburg economic forum President Vladimir Putin voiced strong criticism of the latest US trade policy measures against C...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian first-quarter economic growth well below expectations
Russia Russian first-quarter economic growth well below expectations Preliminary Rosstat figures show Russian GDP growth in the first three months of the year was just 0.5 % y-o-y, a figure cle...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
A fifth of foreign debt of Russian banks and other businesses denominated in rubles
Russia A fifth of foreign debt of Russian banks and other businesses denominated in rubles The Central Bank of Russia reports that the total foreign debt of Russian banks and other Russian corporati...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian economic growth slows in the third quarter, with signs of a possible pick-up in October
Russia Russian economic growth slows in the third quarter, with signs of a possible pick-up in October Preliminary figures show Russian GDP grew by 1.3 % y‑o‑y in the third quarter, down from 1...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Price regulation disrupts Russian fuel markets
Russia Price regulation disrupts Russian fuel markets While the official policy of the Russian government is to refrain from price-setting, this measure was carried out in the beginning of November ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
IMF expects only modest Russian growth in coming years; decelerating growth in China
Russia,China IMF expects only modest Russian growth in coming years; decelerating growth in China The IMF’s latest World Economic Outlook sees the global economy growing by 3.7 % this year and ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Growth in Russian imports stalls; capital outflows increase
Russia Growth in Russian imports stalls; capital outflows increase Preliminary balance-of-payments figures show that the value of Russian exports of goods and services increased by nearly 30 % ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
CIS countries have had to relax foreign exchange policies in recent years
Russia CIS countries have had to relax foreign exchange policies in recent years CIS countries have had to relax foreign exchange polies in recent years The currencies of countries in the Commonwea...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Recovery in Russian export earnings and imports continued in second quarter
Russia Recovery in Russian export earnings and imports continued in second quarter Recovery in Russian export earnings and imports continued in second quarter Balance of payments figures from the C...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian youth unemployment near European average
Russian youth unemployment near European average Russia last year had about a million unemployed persons between the ages of 15 and 24. The youth unemployment rate was 16 %, while the overall unemplo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian defence industry continued to show fast growth last year
Russian defence industry continued to show fast growth last year Preliminary figures show that production of military and civilian products by Russia's defence-industrial complex (OPK) increased ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian economy continued to contract in October
Russia Russian economy continued to contract in October First estimates released by the economic development ministry and Rosstat put the decline in Russian GDP in recent months around 4–5 % y-...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian oil production hits post-Soviet record; growth in output expected to slow
Russian oil production hits post-Soviet record; growth in output expected to slow Last year Russia produced roughly 550 million metric tons (an average of 11 mbd) of crudeoil (includes gas condensate...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian inflation slowed slightly in June on reduced increases in prices of fruits and vegetables
Russia Russian inflation slowed slightly in June on reduced increases in prices of fruits and vegetables The 12-month rise in consumer prices fell from 17.1 % in May to 15.9 % in June. Ove...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022