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 production and imports recovered, government still posts large deficit
Russian production and imports recovered, government still posts large deficit INCREASES IN PRODUCTION, CONSUMPTION, EMPLOYMENT AND IMPORTS The Russian economy has recovered from the downturn of spri...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
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
Russian industrial output grew in March; detailed 2022 GDP data released
Russia Russian industrial output grew in March; detailed 2022 GDP data released Russian industrial output has increased significantly in recent months. Industrial output was up in March by over 1...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
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
Russian households cut back on spending, durable goods most affected
Russia Russian households cut back on spending, durable goods most affected Household spending on goods and services fell by 7 % y-o-y in real terms in the second and third quarters. Household ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian industrial output decreased; consumption continues to make a comeback
Russia Russian industrial output decreased; consumption continues to make a comeback Russian industrial output decreased; consumption continues to make a comeback After relatively mild industrial o...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
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 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
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 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
Growth returns to Russian goods trade
Growth returns to Russian goods trade Fourth-quarter goods imports were up 9 % y-o-y in value terms. Growth was seen in all largest product categories, with highest growth posted for imports of machi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian federal budget revenues and expenditures rise; inflation undermines purchasing power
Russia Russian federal budget revenues and expenditures rise; inflation undermines purchasing power Nominal revenues to the federal budget were up by 35 % y-o-y in the first quarter, and were s...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Exports of Russian pipeline gas down over 10 % last year
Exports of Russian pipeline gas down over 10 % last year The Central Bank of Russia reports that about 175 billion m3 of natural gas were exported last year. Exports to Ukraine were down significantl...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
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
Russian goods export growth lost momentum in the third quarter; import growth flat
Russian goods export growth lost momentum in the third quarter; import growth flat The value of Russian goods exports approached historic highs in the third quarter of this year. The value of total e...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
No revisiting of Russian budget in Duma spring session
No revisiting of Russian budget in Duma spring session Prime minister Dmitri Medvedev announced in his annual speech to the lower-house Duma that the government has no plans to modify this year’s fed...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
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
New sanctions on Belarus foreign trade
Russia New sanctions on Belarus foreign trade Last week marked the first anniversary of the disputed Belarus presidential election. In the interim, the Belarus government has committed extensive hum...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
CBR continued to tighten monetary policy in July
Russia CBR continued to tighten monetary policy in July At its July meeting, the Central Bank of Russia raised the benchmark key rate by 100 basis points to 6.5 %. With Russian consumer prices ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021