Russian export earnings and imports recovered quickly in 2021, large private capital outflows
Russia Russian export earnings and imports recovered quickly in 2021, large private capital outflows Preliminary balance of payments figures from the Bank of Russia show a strong recovery in the cou...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian oil production and exports contracted sharply last year
Russia Russian oil production and exports contracted sharply last year Russian crude oil production (including gas condensates) last year fell to 512 million metric tons (about 10.3 million barrels ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Fresh BOFIT forecast sees Russian GDP and imports contracting slightly further in 2016
Fresh BOFIT forecast sees Russian GDP and imports contracting slightly further in 2016 Russia’s economy has shrunk substantially this year, in response to the collapse of oil prices in 2014. The newe...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
No large increases in Russian government sector spending planned at the moment; budget revenues on the rise this year
Russia No large increases in Russian government sector spending planned at the moment; budget revenues on the rise this year Despite facing a deep recession, Russia’s leaders have so far not moved v...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Response of Russian labour market to the economic crisis manifested through various channels
Response of Russian labour market to the economic crisis manifested through various channels The covid-19 epidemic has shaken Russia’s labour market with declining employment, rising unemployment, wa...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russian state plays an ever-increasing role in directing investment
Russia Russian state plays an ever-increasing role in directing investment President Putin's 2018 May Decree included the goal of raising the investment-to-GDP ratio to 25 % by 2024. Deputy fina...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Putin wins Russian presidential election as expected
Putin wins Russian presidential election as expected Russia’s sitting president garnered 77 % of the national vote last Sunday (Mar. 18), while his regional performances ranged from 65 % in Russia’s ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Changes in financing of Russian housing construction
Russia Changes in financing of Russian housing construction Under a change in the law since July 1, construction firms may no longer finance their construction activity by selling unfinished apartme...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Role of the Russian state in banking sector continues to expand
Russia Role of the Russian state in banking sector continues to expand Three systemically important banks were placed under central bank administration last year. Additionally, a total of 63 credit ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Machinery, equipment and vehicles drove the growth of Russian goods trade
Russia Machinery, equipment and vehicles drove the growth of Russian goods trade Machinery, equipment and vehicles drove the growth of Russian goods trade The value of both goods exports and goods ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian central bank lowers key rate to 9.5 %
Russia Russian central bank lowers key rate to 9.5 % Based on data from May and early June, the Bank of Russia’s executive board concluded on June 10 that a 150-basis-point rate cut was appropr...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian imports recover to nearly same level as a year ago
Russian imports recover to nearly same level as a year ago Preliminary balance-of-payments figures released by the Central Bank of Russia show that Russia’s spending on imports of goods and services ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Fall in Russian imports begins to moderate
Fall in Russian imports begins to moderate The value of goods imports in January-March contracted 15 % y-o-y to just under $40 billion. The contraction in imports slowed considerably in all main prod...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
CBR lowers key rate
Russia CBR lowers key rate The Central Bank of Russia lowered its key rate by 50 basis points to 5.5 % on April 24. The CBR further signalled that it would consider another rate cut at its next...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Slightly lower growth in Russian bank lending
Russia Slightly lower growth in Russian bank lending The credit stock of Russian banks grew by 6 % in nominal terms last year, down from 12 % growth in 2018. The most notable slowdown was ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Ukraine’s private creditors accept debt restructuring
Ukraine’s private creditors accept debt restructuring Ukraine’s private creditors voted on October 14 to accept the debt restructuring negotiated earlier. Under the deal, creditors agreed to write do...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Conflicts in the Middle East cloud global economic outlook
BOFIT Weekly Review,world economy Conflicts in the Middle East cloud global economic outlook The International Monetary Fund (IMF) this week released its latest World Economic Outlook. In addition t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2026
Finland posted weak performances last year in goods and services trade with China
BOFIT Weekly Review,China Finland posted weak performances last year in goods and services trade with China The weak performance of Finnish goods exports to China continued last year. Finnish Custom...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2026
CBR announces timetable for digital ruble rollout
Russia,economy,BOFIT Weekly Review CBR announces timetable for digital ruble rollout With the widescale adoption of electronic payments and commercial cryptocurrencies, central banks around the worl...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Global military spending on the rise
russia,BOFIT Weekly Review,economy Global military spending on the rise Figures compiled by the Stockholm International Peace Research Institute (SIPRI) show that government military expenditure glo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025