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...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Putin visits Uzbekistan
Putin visits Uzbekistan President Vladimir Putin visited Uzbekistan this week to extend his condolences for the death of the country’s long-time president Islam Karimov and to meet with Uzbekistan’s ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian oil production growth slows
Russian oil production growth slows Preliminary figures from Russia’s energy ministry show oil output (incl. gas condensates) grew 2 % y-o-y in the first half of 2016. Output growth has slowed in rec...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Shanghai Cooperation Organization meets in Tashkent
Shanghai Cooperation Organization meets in Tashkent The Shanghai Cooperation Organization (SCO), founded in 2001, consists of Russia, China and four Central Asian countries (Uzbekistan, Kazakhstan, K...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian growth overall slows, in some branches and regions output has declined
Russia,economy,BOFIT Weekly Review Russian growth overall slows, in some branches and regions output has declined Preliminary Rosstat estimates show Russian GDP grew by 1.4 % y-o-y in the first quar...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Russian industrial output grew at a moderate pace last year
Russia Russian industrial output grew at a moderate pace last year Industrial output in 2018 was up 2.9 % from the previous year. However, seasonally-adjusted time series have shown little indicatio...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
New OPEC+ agreement on oil production ceilings fails to calm markets
Russia* New OPEC+ agreement on oil production ceilings fails to calm markets At a meeting on Monday (Apr. 12) of the OPEC+ group of oil-producing countries (led by Saudi Arabia and Russia), the part...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Uneven development in Russian regions last year
Russia Uneven development in Russian regions last year Uneven development in Russian regions last year While Russian industrial output and retail sales overall grew by about 1 % last year, industri...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
EU ban on imports of Russian coal goes into effect
Russia EU ban on imports of Russian coal goes into effect The EU’s ban on imports of Russian coal entered into force on August 10. The EU decision to ban Russian coal, which was made last April, inc...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian oil production volumes fell in April
Russia Russian oil production volumes fell in April The International Energy Agency (IEA) reports that Russian crude oil output averaged around 10 million barrels a day in the first three months of ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian firms give low marks to government agencies with respect to business environment improvement
Russia Russian firms give low marks to government agencies with respect to business environment improvement Problems in public administration present a long-standing barrier to improving the busines...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
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...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Russian defence spending large, even after declines
Russia Russian defence spending large, even after declines Russian government defence spending fell slightly in nominal ruble terms last year. In real terms, defence spending is down, but reminiscen...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Growth in Chinese and Russian arms exports lags growth of other major arms suppliers
China,Russia Growth in Chinese and Russian arms exports lags growth of other major arms suppliers The latest report on global arms transfers from the Stockholm International Peace Research Institute...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Recent Russian market swings fairly modest compared to other emerging markets
Russia Recent Russian market swings fairly modest compared to other emerging markets In recent months, foreign investors have been selling their assets in emerging economies. Some of the sell-offs h...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
While Russian officials wish for public spending to spur economic growth, experts remain sceptical
Russia While Russian officials wish for public spending to spur economic growth, experts remain sceptical Many Russian officials hope that the elixir to cure Russia’s malaise of low economic growth ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian markets supported by administrative measures
Russia Russian markets supported by administrative measures After a nearly month-long closure, the Moscow Exchange has been opened gradually. Trading has still been quite limited, however. For examp...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Gold and wheat exports partly compensated for drop in value of Russian oil exports last year
Gold and wheat exports partly compensated for drop in value of Russian oil exports last year The 21 % contraction in the value of Russian goods exports last year largely reflected the collapse i...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Kyrgyzstan becomes newest member of Eurasian Economic Union; Kazakhstan completes WTO accession talks
Kyrgyzstan becomes newest member of Eurasian Economic Union; Kazakhstan completes WTO accession talks The Eurasian Economic Union (EEU), which includes Russia, Kazakhstan, Belarus and Armenia, welcom...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
IMF forecast sees sharp contraction in Russian economy this year followed by sluggish recovery next year
Russia* IMF forecast sees sharp contraction in Russian economy this year followed by sluggish recovery next year The latest IMF World Economic Outlook, released last week, forecasts a sharp three-pe...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020