Global military spending on the rise
russia,BOFIT Weekly Review,economy Global military spending on the rise Figures compiled by the Stockholm International Peace Research Institute (SIPRI) show that government military expenditure glo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Ruble exchange rate plunges
Russia,economy,BOFIT Weekly Review Ruble exchange rate plunges New round of sanctions slams ruble’s external value The ruble’s exchange rate, which had weakened gradually since late summer, declined...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Russian output growth slows, inflation remains high
#Russia,economy,BOFIT Weekly Review Russian output growth slows, inflation remains high Russian GDP growth slowed significantly in the third quarter Rosstat’s preliminary estimate puts Russian GDP ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
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...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Reasonable recovery in Russian domestic demand; growth in output slower
Russia Reasonable recovery in Russian domestic demand; growth in output slower The recovery in seasonally adjusted retail sales continued in April. From twelve months earlier retail sales were up ne...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Profits of Russian firms have supported out-of-pocket funding for investments; bank borrowing has been low
Russia Profits of Russian firms have supported out-of-pocket funding for investments; bank borrowing has been low Rosstat reports that the net profits of large and medium-sized firms (excluding the ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
CBR prepares strategy paper on improving access to banking services in 2018–2020
Russia CBR prepares strategy paper on improving access to banking services in 2018–2020 CBR prepares strategy paper on improving access to banking services in 2018–2020 While access to banking serv...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian government spending on investment rose sharply during the war, mixed performance in other investment
#Russia Russian government spending on investment rose sharply during the war, mixed performance in other investment Fixed investment in Russia has recovered and grown briskly since the recession in...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
CBR takes over Promsvyazbank
Russia CBR takes over Promsvyazbank CBR takes over Promsvyazbank Last Friday (Dec. 15), the CBR announced it would start measures to prevent the bankruptcy of Promsvyazbank, the country's ninth...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
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
Brexit result has had only minor impact on Russian economy so far
Brexit result has had only minor impact on Russian economy so far The immediate effects of the UK EU referendum on the Russian economy are quite marginal at this point. Oil prices fell, the ruble los...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
President Putin hits familiar themes in address to St. Petersburg Economic Forum
President Putin hits familiar themes in address to St. Petersburg Economic Forum Among the priority themes of current economic policy, Putin stressed his vision of the Eurasian Economic Union as the ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Rise in Russian consumer prices slowed in January-May
Rise in Russian consumer prices slowed in January-May May consumer prices were up less than 3 % from December, whereas the comparative figure in 2015 was well over 8 %. As in the previous two months,...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Contraction of the Russian economy slowed this year
Contraction of the Russian economy slowed this year Rosstat reports that GDP fell 1.2 % y-o-y in the first quarter. Russia’s economy ministry noted that the impact of leap year blunted the drop. The ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
CBR keeps key rate unchanged at 11 %
CBR keeps key rate unchanged at 11 % The Central Bank of Russia stated that inflation has slowed down in recent months, but inflation risks remain elevated. Hence, the CBR board of directors decided ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian agriculture enjoys another year of growth
Russia Russian agriculture enjoys another year of growth While agricultural output grew almost every year over the past decade, 2020 was no exception even if growth slowed down to about 1.5 %. ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
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
China’s arms exports grow rapidly
China’s arms exports grow rapidly According to the new data by the Stockholm International Peace Research Institute (SIPRI), China has established itself as the world’s third-largest arms exporter, a...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian retailer Magnit sold to state-owned bank VTB
Russia Russian retailer Magnit sold to state-owned bank VTB Russian retailer Magnit sold to state-owned bank VTB Last week businessman Sergei Galitski announced he was selling nearly all his holdin...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018