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Ruble continues to weaken despite higher oil prices

Russia Ruble continues to weaken despite higher oil prices The world-market price of Urals-grade crude oil has soared in recent weeks, breaking the $90-a-barrel barrier in late January. Oil prices h...

Subject: Russia ; Venäjä

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

Russian bank lending remains strong

Russia Russian bank lending remains strong The stock of bank corporate lending, which increased by about 10 % last year, has seen robust growth for all of this year. Helped especially by high g...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021

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...

Subject: Russia ; Venäjä

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 ...

Subject: Russia ; Venäjä

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,...

Subject: Russia ; Venäjä

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

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&...

Subject: Russia ; Venäjä

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...

Subject: China ; Kiina

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

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...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023

Russian GDP falls, but trends vary widely across individual sectors

Russia Russian GDP falls, but trends vary widely across individual sectors Recently revised Rosstat figures show that Russian GDP fell by 4.1 % y-o-y in the second quarter. The estimate for fir...

Subject: Russia ; Venäjä

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

New data on last year’s improved performance of Russian economy

Russia New data on last year’s improved performance of Russian economy Rosstat’s fresh figures reinforce their first-round estimate that 2018 GDP growth at 2.3 % clearly beat out the 2017 perfo...

Subject: Russia ; Venäjä

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

Slow recovery in Russian consumption continues; good increases in industrial output

Russia Slow recovery in Russian consumption continues; good increases in industrial output Despite its slow revival pace, the recovery in seasonally-adjusted retail sales plodded forward in May. The...

Subject: Russia ; Venäjä

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

Russian growth accelerates

Russia,economy Russian growth accelerates Rosstat preliminarily estimates Russian GDP grew by 2.5 % y-o-y in 2Q17, up from 0.5 % growth in the first quarter. The 2Q acceleration seems to be partly s...

Subject: Russia ; Venäjä

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

Russian government sector still dealing with austerity

Russian government sector still dealing with austerity Revenues to the federal budget performed weakly in 2016 also in areas other than taxes from oil & gas. Non-oil & gas revenues were up ju...

Subject: Russia ; Venäjä

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

Official launch of BRICS New Development Bank

Official launch of BRICS New Development Bank ​All five BRICS countries (Brazil, Russia, India, China and South Africa) are members of the New Development Bank (NDB) with equal capital shares. All me...

Subject: China ; Kiina

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015

US extends sanctions, additional European countries join in certain EU sanctions

US extends sanctions, additional European countries join in certain EU sanctions ​The United States treasury department announced on July 30 that it was adding certain individuals and entities under ...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015

Dispute over pension system resolved

Dispute over pension system resolved On April 23, the government declared a resolution to its two-year dispute over the suspension of the “funded component” of the pension system. The funded componen...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015

Ruble struggles back from record low

Ruble struggles back from record low The ruble’s exchange rate hit an all-time low January 21 after the price of Urals-grade crude oil fell below $25 a barrel. At bottom, one euro bought 93 rubles an...

Subject: Russia ; Venäjä

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

Information briefings

BOFIT Venäjä-tietoisku BOFIT Kiina-tietoisku BOFIT Venäjä-tietoisku järjestetään vuosittain keväällä. Tietoiskuissa keskustellaan keskeisistä, ...

Bofit.fi / Bofit homepage / Monitoring

Call for Papers: Workshop on Banking in Emerging Markets: Challenges and Opportunities

BOFIT conference Call for Papers: Workshop on Banking in Emerging Markets: Challenges and Opportunities Call for Papers 9th CInSt Annual Banking Workshop on Banking in Emerging Markets: Challenges a...

Bofit.fi / Bofit homepage / BOFIT / News / 2019

Russian first-quarter economic growth well below expectations

Russia Russian first-quarter economic growth well below expectations Preliminary Rosstat figures show Russian GDP growth in the first three months of the year was just 0.5 % y-o-y, a figure cle...

Subject: Russia ; Venäjä

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