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Russian GDP contracted in the third quarter in annual terms, but growth varied considerably across branches

Russia Russian GDP contracted in the third quarter in annual terms, but growth varied considerably across branches Revised figures for Russian gross domestic product show a 3.4 % y-o-y contract...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020

New sanctions reduce export price of Russian oil

Russia,BOFIT Weekly Review New sanctions reduce export price of Russian oil In late October, the United States placed Russia’s two largest oil producers, state-owned Rosneft and privately-held Lukoi...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025

Recovery in Russian fixed investment

Russia Recovery in Russian fixed investment Recovery in Russian fixed investment The volume of fixed investmentrose by well over 6 % y-o-y in the second quarter. For the first half, growth was near...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017

Russian ruble has strengthened substantially

Russia Russian ruble has strengthened substantially Before Russia’s invasion of Ukraine in late February, the ruble-dollar exchange rate stood at about 75 rubles to the dollar. The ruble initially p...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022

Ruble exchange rate fluctuations in recent weeks fairly muted compared to the huge swings in oil prices

Russia Ruble exchange rate fluctuations in recent weeks fairly muted compared to the huge swings in oil prices Recent weeks have seen large daily moves in oil prices. For example, the price of Urals...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020

Moderate rise in Russian government spending

Russia Moderate rise in Russian government spending Revenues to Russia’s consolidated budget (federal, regional and municipal budgets plus state social funds) in the first half of this year were up ...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019

Russian president tours East Asia

Russia Russian president tours East Asia On April 25, Vladimir Putin hosted North Korea’s leader Kim Jong-un in Vladivostok. He then continued to Beijing to participate in the Belt and Road Forum wh...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019

Growth in Russian government sector spending accelerates

Russia Growth in Russian government sector spending accelerates Expenditures of the consolidated budget (federal, regional and municipal budgets, plus state social funds) increased in the third quar...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019

Credit rating agency Moody’s upgrades Russian sovereign debt

Russia Credit rating agency Moody’s upgrades Russian sovereign debt On February 8, Moody’s upgraded Russia’s credit rating score by a notch from Ba1 to Baa3, its tenth-best rating score. Bonds in th...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019

Rapid growth in Russian goods trade continued in first quarter

Russia Rapid growth in Russian goods trade continued in first quarter The value of goods exports in the first quarter slightly exceeded $100 billion, an increase of over 20 % y-o-y. Rising oil price...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018

Higher oil prices drove growth in earnings from Russian goods exports in first half

Russia Higher oil prices drove growth in earnings from Russian goods exports in first half The value of goods exports (measured in dollars) was up by 27 % in the first half of this year compared to ...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018

CBR injects more money into troubled banks

Russia CBR injects more money into troubled banks The Central Bank of Russia last year had to take over three large private banks ­– Otkritie, B&N Bank and Promsvyazbank – to ensure their c...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018

CBR raises key rate and announces resumption of the fiscal-rule forex buying in January

Russia CBR raises key rate and announces resumption of the fiscal-rule forex buying in January The Central Bank of Russia decided to raise the key rate by 25 basis points to 7.75 %. The increas...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018

Robust increase in Russian government revenues, substantial budget surpluses

Russia Robust increase in Russian government revenues, substantial budget surpluses Revenues to the consolidated budget (federal, regional and local budgets, plus government social funds) in the fir...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018

Russian economic trends seem to have stabilised in July

Russia Russian economic trends seem to have stabilised in July Although retail sales and many branches of manufacturing experienced weaker growth in July, the Russian economy garnered support from o...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022

Procurements of public sector and state-owned enterprises in 2016 exceeded 30 % of Russian GDP

Procurements of public sector and state-owned enterprises in 2016 exceeded 30 % of Russian GDP Theeconomy ministry reports that public procurements in Russia last year were valued at 5.3 trillion rub...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017

CBR keeps rates unchanged, but adjusts guidance

CBR keeps rates unchanged, but adjusts guidance At its scheduled meeting last Friday (Jan. 29), the Central Bank of Russia’s board decided to leave the key rate unchanged at 11 %, the same level it h...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016

Russian stock market performance reflects low oil prices and ruble slide

Russian stock market performance reflects low oil prices and ruble slide Russia’s main RTS share index, calculated in dollars, fell 4 % last year on the drop in oil prices and the ruble’s weak exchan...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016

The big push of Finnish firms to invest in their Chinese affiliates came in 2015

The big push of Finnish firms to invest in their Chinese affiliates came in 2015 Statistics Finland figures for 2015 show that the affiliates of Finnish firms in China for the first time made China F...

Subject: China ; Kiina

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017

Russian investments focused increasingly on oil & gas last year

Russia Russian investments focused increasingly on oil & gas last year Russian investments focused increasingly on oil & gas last year After years of contraction, Russia's total fixed i...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018