Russian growth slows, increased risks from declining oil prices
Russia,economy,BOFIT Weekly Review Russian growth slows, increased risks from declining oil prices Economic growth is slowing Growth in Russian’s economic output was slowed down in the first two mon...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Recovery of Russian economy continues
Russia Recovery of Russian economy continues Russia’s Ministry for Economic Development estimates that GDP grew in March by 0.5 % y-o-y, while GDP was still down by over 2 % y-o-y in Janua...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russian government budget revenues and spending at high levels; deficit vanishes
Russia Russian government budget revenues and spending at high levels; deficit vanishes Russia saw the pace of budget revenue growth accelerate further in the third quarter, i.e. a more than 40 ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russian pensioners and select public sector workers receive notable one-time stimulus payments this month
Russia Russian pensioners and select public sector workers receive notable one-time stimulus payments this month On August 24, president Vladimir Putin decreed a one-time stimulus payment to pension...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russian manufacturing shrank 5 % last year
Russian manufacturing shrank 5 % last year The production of basic necessities seems to be performing best among manufacturing branches. The ruble’s devaluation has boosted prices of imported goods, ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian financial markets seek new equilibrium
Russia Russian financial markets seek new equilibrium Foreign investors have abandoned the Moscow stock market As a result of Western economic sanctions imposed on Russia in March 2022 after the inv...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
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 10th CInSt Annual Banking Workshop on Banking in Emerging Markets: Challenges ...
Bofit.fi / Bofit homepage / BOFIT / News / 2021
Russian inflation rises to levels not seen for years
Russian inflation rises to levels not seen for years November consumer prices were up by 8 % y-o-y. Food prices, one of the biggest drivers of inflation, rose by 11 % y-o-y. Prices of non-f...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
China stays with its diversified energy import strategy; natural gas consumption and imports on the rise
China China stays with its diversified energy import strategy; natural gas consumption and imports on the rise China is the world’s biggest energy consumer. It also remains by far the largest consum...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
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
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
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
Proposed changes to Russian legislation could reduce economic transparency
Russia Proposed changes to Russian legislation could reduce economic transparency The government this week submitted to the Duma draft legislation that modifies rules on public disclosure of certain...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Recovery of Russian government budget revenues has brought rebalance
Russia Recovery of Russian government budget revenues has brought rebalance Recovery of Russian government budget revenues has brought rebalance Rebound of revenues on the consolidated budget (fede...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
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
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
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