Growth in Russian imports stalls; capital outflows increase
Russia Growth in Russian imports stalls; capital outflows increase Preliminary balance-of-payments figures show that the value of Russian exports of goods and services increased by nearly 30 % ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian oil companies see major improvements in earnings
Russia Russian oil companies see major improvements in earnings Despite a global rise in crude oil prices, the ruble has lost about 16 % of its value against the US dollar this year. Geopolitical fa...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Ruble appreciation continues in the first two weeks of this year
Russia Ruble appreciation continues in the first two weeks of this year The ruble’s exchange rate has appreciated gradually since its lows at the end of 2018. Over the first weeks of this year, the ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Modest development in Russian incomes continues this year
Modest development in Russian incomes continues this year While real disposable income of Russians has increased marginally this year, the weak development in previous years puts it on par with the 2...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Report finds that one in three Russian workers involved in informal employment
Russia Report finds that one in three Russian workers involved in informal employment A just-released survey from the Russian Presidential Academy of National Economy finds that about 25 million Rus...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Chinese and Russian presidents extol good economic relations at St. Petersburg economic forum
Russia Chinese and Russian presidents extol good economic relations at St. Petersburg economic forum President Vladimir Putin voiced strong criticism of the latest US trade policy measures against C...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
CBR calls for better supervision of microlenders
CBR calls for better supervision of microlenders Although lending of commercial banks to households has declined, the growth of providers of small loans at high interest is booming. Some 3,000 regist...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Large domestic interest in Russian government bonds
Russia Large domestic interest in Russian government bonds As a consequence of the economic recession caused by the coronavirus pandemic, Russia’s government sector surplus has turned to deficit. Th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Rising uncertainty drove ruble depreciation in September
Russia Rising uncertainty drove ruble depreciation in September Although the world market price of crude oil remained relatively stable this summer, the prevailing uncertainty surrounding emerging e...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russian economic recovery slow last year
Russia Russian economic recovery slow last year Preliminary figures from Rosstat show that Russian GDP grew by 1.5 % in 2017, slightly less than nearly all forecasters had expected. Recovery was rel...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Construction work on Nord Stream 2 gas pipeline finishes up
Russia Construction work on Nord Stream 2 gas pipeline finishes up Construction work on the Nord Stream 2 gas pipeline, which runs along the floor of the Baltic Sea from Russia to Germany, was compl...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russian real disposable income still well below 2014 level
Russia Russian real disposable income still well below 2014 level Russian real disposable household incomes last year were essentially unchanged from 2017. Revenues initially showed gains in the fir...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
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
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
Fast growth in household lending in 2017
Russia Fast growth in household lending in 2017 The CBR reports that the bank credit stock rose by 3.5 % when exchange rate shifts are included. The stock of corporate loans was largely unchanged, w...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Brisk growth in Russian goods trade continues
Russia,economy Brisk growth in Russian goods trade continues The dollar value of goods exports and imports rose by nearly 30 % y-o-y in the first six months of 2016. In the second quarter, import gr...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian social security system – expensive and rigid
Russian social security system – expensive and rigid A fresh World Bank report finds Russia's social security costly and complex. Social spending on federal and regional levels, and via social fu...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian gas giant Gazprom share package to unknown buyer
Russia Russian gas giant Gazprom share package to unknown buyer Gazprom, one of Russia’s largest listed companies, sold 3.6 % of its shares via the Moscow Exchange last week. The offered shares...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
CBR raises the key rate by 0.25 percentage points and prolongs the suspension of currency-buying under the fiscal rule through December
Russia CBR raises the key rate by 0.25 percentage points and prolongs the suspension of currency-buying under the fiscal rule through December On September 14, the Central Bank of Russia’s key rate ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian inflation remains subdued, but inflation expectations are rising
Russia Russian inflation remains subdued, but inflation expectations are rising June consumer price inflation slowed slightly from 2.4 % y-o-y in May to 2.3 %. Much of the slowdown came from lower f...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018