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
Brisk rise in Russian industrial producer prices
Russia Brisk rise in Russian industrial producer prices Prices of industrialproducts delivered domestically were up by nearly 8 % y-o-y this year so far. The rise matched last year's pace, even ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Construction work on Nord Stream 2 gas pipeline finishes up
Russia Construction work on Nord Stream 2 gas pipeline finishes up Construction work on the Nord Stream 2 gas pipeline, which runs along the floor of the Baltic Sea from Russia to Germany, was compl...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
CBR calls for better supervision of microlenders
CBR calls for better supervision of microlenders Although lending of commercial banks to households has declined, the growth of providers of small loans at high interest is booming. Some 3,000 regist...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
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
Caspian Sea states make progress in jurisdiction of territorial waters
Russia Caspian Sea states make progress in jurisdiction of territorial waters On August 12, the five littoral states surrounding the Caspian Sea (Azerbaijan, Iran, Kazakhstan, Turkmenistan and Russi...
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
Russian oil companies see major improvements in earnings
Russia Russian oil companies see major improvements in earnings Despite a global rise in crude oil prices, the ruble has lost about 16 % of its value against the US dollar this year. Geopolitical fa...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
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
Ruble appreciation continues in the first two weeks of this year
Russia Ruble appreciation continues in the first two weeks of this year The ruble’s exchange rate has appreciated gradually since its lows at the end of 2018. Over the first weeks of this year, the ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
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 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 economic recovery slow last year
Russia Russian economic recovery slow last year Preliminary figures from Rosstat show that Russian GDP grew by 1.5 % in 2017, slightly less than nearly all forecasters had expected. Recovery was rel...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Rising uncertainty drove ruble depreciation in September
Russia Rising uncertainty drove ruble depreciation in September Although the world market price of crude oil remained relatively stable this summer, the prevailing uncertainty surrounding emerging e...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Despite this year’s sharp rise in oil prices, ruble sees only marginal appreciation
Russia Despite this year’s sharp rise in oil prices, ruble sees only marginal appreciation The price of Urals-grade crude oil hit $74 a barrel at the end of June, a 45 % increase from the start...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
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
Large domestic interest in Russian government bonds
Russia Large domestic interest in Russian government bonds As a consequence of the economic recession caused by the coronavirus pandemic, Russia’s government sector surplus has turned to deficit. Th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Contraction in Russian foreign trade and capital outflow slowed down
Contraction in Russian foreign trade and capital outflow slowed down Preliminary balance-of-payments figures show the value of Russian imports shrank 10 % y-o-y in dollar terms during April-June. Goo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Growth of housing production slowed
Growth of housing production slowed Housing construction contracted slightly last year. Rosstat reports that the total volume of new apartments completed in Russia last year amounted to 84 million m&...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016