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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...

Subject: Russia ; Venäjä

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...

Subject: China ; Kiina

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 ...

Subject: Russia ; Venäjä

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...

Subject: Russia ; Venäjä

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 ...

Subject: Russia ; Venäjä

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...

Subject: Russia ; Venäjä

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...

Subject: China ; Kiina

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...

Subject: Russia ; Venäjä

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...

Subject: Russia ; Venäjä

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...

Subject: Russia ; Venäjä

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...

Subject: Russia ; Venäjä

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...

Subject: Russia ; Venäjä

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 ...

Subject: Russia ; Venäjä

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...

Subject: Russia ; Venäjä

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...

Subject: Russia ; Venäjä

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 ...

Subject: Russia ; Venäjä

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...

Subject: Russia ; Venäjä

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 ...

Subject: Russia ; Venäjä

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 ...

Subject: Russia ; Venäjä

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...

Subject: Russia ; Venäjä

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