Nord Stream 2 gas pipeline construction continues; EU reaches preliminary agreement on gas directive changes
Russia Nord Stream 2 gas pipeline construction continues; EU reaches preliminary agreement on gas directive changes The first Nord Stream natural gas pipeline was completed in 2012. The Nord Stream ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Major forecasts for the Russian economy anticipate a large contraction this year along with sharp drops in exports and imports
Russia Major forecasts for the Russian economy anticipate a large contraction this year along with sharp drops in exports and imports The latest batch of forecasts released in April and May see the ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Topics at BOFIT 30th Anniversary Conference include central bank digital currencies and the impacts of sanctions on foreign trade
Russia,China Topics at BOFIT 30th Anniversary Conference include central bank digital currencies and the impacts of sanctions on foreign trade Last Tuesday (Nov. 9), the Bank of Finland Institute fo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Industrial output in Russian regions rises, while consumption gradually recovers
Russia,economy Industrial output in Russian regions rises, while consumption gradually recovers Industrial output growth continuedin the first half of this year in all of Russia's eight federal ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
CBR keeps its key rate at a record high 20 % level
Russia CBR keeps its key rate at a record high 20 % level At its scheduled meeting on March 18, the Central Bank of Russia’s board decided to keep the key rate unchanged at the unprecedented le...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
LNG drives growth in Russian natural gas production
Russia LNG drives growth in Russian natural gas production The volume of Russian natural gas production (excluding “associated” gas from oil wells) grew by 3 % to the highest output ever – almo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Higher oil prices bring at least temporary relief for the Russian economy
russia,economy,BOFIT Weekly Review Higher oil prices bring at least temporary relief for the Russian economy The outlook for Russia’s economic performance, which stumbled in the first two months of ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2026
Russian economy cooled in March; latest forecasts expect GDP growth of 2–3 % this year
Russian economy cooled in March; latest forecasts expect GDP growth of 2–3 % this year The level of output dipped slightly in March (seasonally adjusted) in nearly all core sectors of the economy. I...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Russian central bank plans to start "bad" bank
Russia Russian central bank plans to start "bad" bank Central Bank of Russia deputy governor Vasily Pozdyshev said Monday (Apr. 2) that problem loans and certain other assets of the banks ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian unemployment falls and wages continue to rise; real incomes contracted in August-September
Russia Russian unemployment falls and wages continue to rise; real incomes contracted in August-September Using the methodology of the International Labour Organization (ILO), Russia’s unemployment ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
CBR lowers key rate; oil, ruble and stock markets down in recent weeks
Russia CBR lowers key rate; oil, ruble and stock markets down in recent weeks CBR lowers key rate; oil, ruble and stock markets down in recent weeks The Central Bank of Russia continued monetary ea...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
India set to surpass China as the world’s most populous country around 2027
China India set to surpass China as the world’s most populous country around 2027 The UN’s new population outlook, World Population Prospects 2019, released last month expects the global population ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian economic growth driven almost exclusively by private consumption
Russia Russian economic growth driven almost exclusively by private consumption Newly released Rosstat figures show that the slowdown in GDP growth to just 0.5 % y-o-y in the first quarter was due t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian president holds annual state-of-the-nation address; government resigns unexpectedly thereafter
Russia Russian president holds annual state-of-the-nation address; government resigns unexpectedly thereafter On Wednesday (Jan. 15), president Vladimir Putin delivered his annual state-of-the-natio...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Ruble rate and oil prices weaker after strong performance early in the year
Russia Ruble rate and oil prices weaker after strong performance early in the year The ruble’s exchange rate and oil prices strengthened in the early part of 2019. While both have been on a downward...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
CBR raises key rate again; monetary policy guidelines for 2022–2024 announced
Russia CBR raises key rate again; monetary policy guidelines for 2022–2024 announced On September 10, the Central Bank of Russia decided to raise the key rate by 25 basis points. The key rate now st...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russian government sells Bashneft to Rosneft
Russian government sells Bashneft to Rosneft The state’s 50.08 % stake in the Bashneft oil company has been on this year’s privatization list. Russian government decided this week to sell the stake ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Commercial banks participating in CBR’s digital ruble pilot trial
Russia Commercial banks participating in CBR’s digital ruble pilot trial The Central Bank of Russia only began in earnest to plan the introduction of a digital currency last year, but the basic desi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russian fixed investment bounces back after the Covid Recession
Russia Russian fixed investment bounces back after the Covid Recession Demand-side figures in Rosstat’s national accounts show a strong rebound in seasonally adjusted growth in fixed investment in t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
China establishes itself as major arms exporter and importer
China establishes itself as major arms exporter and importer A report published last month by the Stockholm International Peace Research Institute (SIPRI) finds that the volume of international arms ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017