CBR lowers key rate again
CBR lowers key rate again Effective Monday (Aug. 3), the key rate was lowered a half percentage point to 11 %. The Central Bank of Russia stated that the weak economy justified a further rate cut, a...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
In China, industry and foreign trade drove growth at the start of this year; direct impacts from Middle East war still modest
china,economy,BOFIT Weekly Review In China, industry and foreign trade drove growth at the start of this year; direct impacts from Middle East war still modest China’s industrial output in the first...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2026
Russian federal budget revenue streams at low level; spending continues to rise
Russia Russian federal budget revenue streams at low level; spending continues to rise As in September, nominal federal budget revenues dwindled by about 4 % a year in October. Even though the ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Ukraine’s economy slows and fiscal deficit rises
Ukraine,BOFIT Weekly Review Ukraine’s economy slows and fiscal deficit rises Shelling on Ukraine’s energy sector and belated harvest reduced first-half growth Ukraine’s on-year GDP growth fell below...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Russian economic growth remains sluggish and subject to structural imbalances
Russia,BOFIT Weekly Review Russian economic growth remains sluggish and subject to structural imbalances The Russian economy has continued to grow slowly in recent months, with the overall economic ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Global oil production is growing faster than consumption
BOFIT Weekly Review,world economy Global oil production is growing faster than consumption The price of a barrel of Brent blend crude oil fell last year by $14 (19 %) to around $61 a barrel. The inc...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2026
China’s global car exports boom
#china China’s global car exports boom China is both the world’s largest car market and the world’s largest car producer. Last year 27 million cars were produced in China, a 1-million-car increase f...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
One-off payments boost Russian federal budget revenues in November, spending continues to grow
#Russia One-off payments boost Russian federal budget revenues in November, spending continues to grow Budget revenues saw November spikes that lifted revenues significantly relative to November 202...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian ruble has strengthened substantially
Russia Russian ruble has strengthened substantially Before Russia’s invasion of Ukraine in late February, the ruble-dollar exchange rate stood at about 75 rubles to the dollar. The ruble initially p...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Recovery in Russian fixed investment
Russia Recovery in Russian fixed investment Recovery in Russian fixed investment The volume of fixed investmentrose by well over 6 % y-o-y in the second quarter. For the first half, growth was near...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Ruble exchange rate fluctuations in recent weeks fairly muted compared to the huge swings in oil prices
Russia Ruble exchange rate fluctuations in recent weeks fairly muted compared to the huge swings in oil prices Recent weeks have seen large daily moves in oil prices. For example, the price of Urals...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Topics at Moscow Gaidar Forum feature future economic growth and national projects
Russia Topics at Moscow Gaidar Forum feature future economic growth and national projects At the annual mega-get-together for economic discussions last week, economy minister Maxim Oreshkin noted th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
April output exceeded pre-covid levels in many Russian branches
Russia April output exceeded pre-covid levels in many Russian branches Many parts of the Russian economy posted eye-popping on-year growth figures in April, thanks largely to the low base reference ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russian economic trends remained stable in August
Russia Russian economic trends remained stable in August Primary production, construction and certain industrial branches related to construction and defence (e.g. cement production and metal fabric...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Slowing growth in Russian foreign trade
Russia Slowing growth in Russian foreign trade Even with the slowdown, the value of goods exports and goods imports increased in 3Q17 still by about 20 % y-o-y in dollar terms. The higher value of e...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian GDP figures confirm economic recovery in final months of 2016
Russian GDP figures confirm economic recovery in final months of 2016 The first set of quarterly GDP data for the entire year 2016 from Russia's national statistics agency Rosstat tell about the ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian economic recovery begins to cool
Russia Russian economic recovery begins to cool While Russian GDP recovered to pre-pandemic levels in the second quarter of this year, the pace of recovery in recent months has slowed. The July read...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russian fixed investment developments vary across sectors
Russia Russian fixed investment developments vary across sectors Growth in fixed investments in the first half of this year cooled off to 0.6 % y-o-y, the slowest pace since growth remained at ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Oil market price volatility calms a bit
Russia Oil market price volatility calms a bit In just a month, the price of Brent crude rose from around $20 a barrel to nearly $35. The current price is now on par with levels in early March, but ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Strong growth in bank lending fuels Russian domestic demand
Russia Strong growth in bank lending fuels Russian domestic demand The stock of household loans grew last year by 23 % and the stock of corporate loans by 12 %. Growth in housing loans rem...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022