President Putin speaks to foreign investors at St. Petersburg international economic forum
President Putin speaks to foreign investors at St. Petersburg international economic forum Putin thanked investors who have continued to operate in Russia despite the political situation. He noted t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Ruble appreciation enters third month
Ruble appreciation enters third month The ruble’s recent recovery reflects stabilisation of global oil prices and reduced foreign currency demand in Russia. Demand for foreign currency is no longer a...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian economic growth continued much slower in March
Russia,economy,BOFIT Weekly Review Russian economic growth continued much slower in March Russia’s economic development ministry estimates that the country’s GDP growth fell in March to just 1.4 % y...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Russian fixed investment continue reasonable recovery, with further weight on oil and gas
Russia Russian fixed investment continue reasonable recovery, with further weight on oil and gas The volume of fixed investment in the first quarter, which rose by 3.6 % from the same period last ye...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Sale of Rosneft stake to CEFC cancelled
Russia Sale of Rosneft stake to CEFC cancelled The deal that was announced last autumn involved the Chinese CEFC's acquisition of a 14 % stake in Rosneft from a consortium of Glencore and the Qa...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Modest growth in Russian industrial output continues
Russia Modest growth in Russian industrial output continues The volume of industrial output rose by 2.4 % y-o-y in November. The pace of growth was in line with the industrial output trend of s...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Revenue boom of Russian federal budget begins to normalise
Russia Revenue boom of Russian federal budget begins to normalise After climbing by nearly 30 % last year in nominal terms, budget revenues rose another 13 % y-o-y in the first quarter of ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Trends weakened in many branches of the Russian economy in March
Russia Trends weakened in many branches of the Russian economy in March The economic disruption from Russia’s war on Ukraine and Western economic sanctions was reflected immediately in Russia’s fina...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
CBR keeps key rate at 11 %
CBR keeps key rate at 11 % The importance of pursuing cautious monetary policy was emphasised in the Central Bank of Russia’s statements on the rate decision. Inflation has slowed in past months on e...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Growth in Chinese and Russian arms exports lags growth of other major arms suppliers
China,Russia Growth in Chinese and Russian arms exports lags growth of other major arms suppliers The latest report on global arms transfers from the Stockholm International Peace Research Institute...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Recent Russian market swings fairly modest compared to other emerging markets
Russia Recent Russian market swings fairly modest compared to other emerging markets In recent months, foreign investors have been selling their assets in emerging economies. Some of the sell-offs h...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian defence spending large, even after declines
Russia Russian defence spending large, even after declines Russian government defence spending fell slightly in nominal ruble terms last year. In real terms, defence spending is down, but reminiscen...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Outlook for Russian businesses grows cloudier in June
Russia Outlook for Russian businesses grows cloudier in June The monthly PMI readings, which are based on surveys of Russian purchasing managers by market intelligence provider S&P, give a sense...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian markets supported by administrative measures
Russia Russian markets supported by administrative measures After a nearly month-long closure, the Moscow Exchange has been opened gradually. Trading has still been quite limited, however. For examp...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
EU’s planned carbon border adjustment mechanism could cause additional costs for Russian exporters
Russia EU’s planned carbon border adjustment mechanism could cause additional costs for Russian exporters In July, the European Commission released a proposal on measures designed to bolster the mor...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
While Russian officials wish for public spending to spur economic growth, experts remain sceptical
Russia While Russian officials wish for public spending to spur economic growth, experts remain sceptical Many Russian officials hope that the elixir to cure Russia’s malaise of low economic growth ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Gold and wheat exports partly compensated for drop in value of Russian oil exports last year
Gold and wheat exports partly compensated for drop in value of Russian oil exports last year The 21 % contraction in the value of Russian goods exports last year largely reflected the collapse i...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
IMF forecast sees sharp contraction in Russian economy this year followed by sluggish recovery next year
Russia* IMF forecast sees sharp contraction in Russian economy this year followed by sluggish recovery next year The latest IMF World Economic Outlook, released last week, forecasts a sharp three-pe...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Kyrgyzstan becomes newest member of Eurasian Economic Union; Kazakhstan completes WTO accession talks
Kyrgyzstan becomes newest member of Eurasian Economic Union; Kazakhstan completes WTO accession talks The Eurasian Economic Union (EEU), which includes Russia, Kazakhstan, Belarus and Armenia, welcom...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
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