United States Treasury lifts sanctions on Russian aluminium giant Rusal
Russia United States Treasury lifts sanctions on Russian aluminium giant Rusal On Sunday (Jan. 27) the Treasury lifted sanctions on the energy company EN+, the aluminium producer Rusal and the energ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
In Russian corporate debt increases have occurred in interfirm trade credits
Russia In Russian corporate debt increases have occurred in interfirm trade credits Rosstat reports that trade debt of large and medium-sized firms to domestic suppliers of goods and services has ed...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian oil fund shrank in 2018, but central bank foreign currency reserves grew
Russia Russian oil fund shrank in 2018, but central bank foreign currency reserves grew The National Welfare Fund, where the state’s excess revenues from oil and gas taxes are deposited, stood at 58...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian GDP forecasts cut after new US sanctions
Russian GDP forecasts cut after new US sanctions Despite higher oil prices, Russian GDP forecasts have been revised down by many institutions lately. E.g. the World Bank's recent Russia forecast ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Druzhba pipeline again operating at full capacity since July
Russia Druzhba pipeline again operating at full capacity since July Refinery-fouling oil was inadvertently mixed with other oil in the Druzhba pipeline in early April. The oil was contaminated with ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
China is now the world’s third largest arms exporter
China is now the world’s third largest arms exporter The Stockholm International Peace Research Institute (SIPRI) reports that the volume of international arms exports rose 16 % in the five-year peri...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Response of Russian labour market to the economic crisis manifested through various channels
Response of Russian labour market to the economic crisis manifested through various channels The covid-19 epidemic has shaken Russia’s labour market with declining employment, rising unemployment, wa...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
No large increases in Russian government sector spending planned at the moment; budget revenues on the rise this year
Russia No large increases in Russian government sector spending planned at the moment; budget revenues on the rise this year Despite facing a deep recession, Russia’s leaders have so far not moved v...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Fresh BOFIT forecast sees Russian GDP and imports contracting slightly further in 2016
Fresh BOFIT forecast sees Russian GDP and imports contracting slightly further in 2016 Russia’s economy has shrunk substantially this year, in response to the collapse of oil prices in 2014. The newe...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Survey paints dreary picture of Russian business conditions
Russia Survey paints dreary picture of Russian business conditions This autumn, the consulting firm PWC conducted a survey based on interviews with corporate representatives to get some notion of ho...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian export earnings up significantly in 2018
Russia Russian export earnings up significantly in 2018 Preliminary balance-of-payments figures for the fourth quarter of 2018 show Russian revenues from exports of goods & services were up near...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Steady rise in Russian industrial output
Russia Steady rise in Russian industrial output According to Russian Statistics Service, the volume of industrial output rose by 2.1 % y-o-y in the first quarter of 2019. The output volume for ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Chinese CEFC to acquire 14 % stake in Russian oil giant Rosneft
Russia,China Chinese CEFC to acquire 14 % stake in Russian oil giant Rosneft The deal is valued at around 7.5 billion euros. The Russian state retains its majority position in Rosneft even if the de...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian economic trends remained weak in May
Russia Russian economic trends remained weak in May In many industries, on-year production continued to decline significantly. The nadir of the corona crisis, however, seems to have been reached in ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russian central bank further eases monetary policy
Russia Russian central bank further eases monetary policy On September 16, the Central Bank of Russia lowered its key rate by 50 basis points to 7.5 %. It was the fifth consecutive rate cut sin...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian markets fall as geopolitical tensions rise
Russia Russian markets fall as geopolitical tensions rise The declining market trend, which began at the end of October, has become steeper in recent weeks. The dollar-denominated RTS stock index ha...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Statistics
BOFIT,statistics,Russia,China,Ukraine Russia statistics China statistics Alternative indicators of China's economic growth BOFIT statistics As the basis for research and analysis, BOFIT uses ...
Bofit.fi / Bofit homepage / Monitoring
Russian GDP growth slows
Russia Russian GDP growth slows According to preliminary Rosstat estimates, Russian third-quarter GDP rose by 1.8 % y-o-y, down from 2.5 % in the second quarter. Growth appeared to slow on moderatin...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Changes in area and country structure of Russian goods imports show some stabilisation
Changes in area and country structure of Russian goods imports show some stabilisation Russian customs figures show that the share of imports from EU countries inched down to 38 % in the first half o...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Robust third-quarter recovery in private consumption last year, Russian fixed investment contracted
Russia Robust third-quarter recovery in private consumption last year, Russian fixed investment contracted Revised figures show that Russian GDP shrank in the third quarter by 3.4 % y-o-y. For ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021