Improved Russian federal budget performance; deficit shrinks
Russia Improved Russian federal budget performance; deficit shrinks 2017fourth-quarter budget revenues were again up significantly from 4Q16 (not including funds received in 4Q16 from the sale of a ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
State enterprises and the state may generate around 40 % of Russian GDP
Russia State enterprises and the state may generate around 40 % of Russian GDP Rosstat reports that in recent years 11–12 % of revenues of all firms and organisations (excluding funding received fro...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian GDP grew by just 0.6 % last year
Russian GDP grew by just 0.6 % last year 2014 saw a marked slowdown in the pace of economic growth last year from 1.3 % in 2013. Private consumer spending was the main factor supporting growth, but a...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Moscow stock prices tanked last year
Moscow stock prices tanked last year The Moscow Exchange’s RTS index fell 43 % last year from a high of 1,388 points to 791 points. The steepest drop came in December on the sharp drop in crude oil p...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian CBR hikes key rate again
Russia Russian CBR hikes key rate again On April 23, the Central Bank of Russia raised its key rate by 50 basis points to 5 %. In its previous rate hike a month earlier, the CBR raised the key ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Crude oil prices rise above $50 a barrel
Crude oil prices rise above $50 a barrel With a pandemic wiping away demand, the price of crude oil last spring collapsed to unprecedented lows. The price of e.g. Brent crude stabilised at around $40...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russian economy continued to recover in July
Russia Russian economy continued to recover in July The covid-19 pandemic hit Russia hard this spring, but the impacts were uneven. It now appears that even most of hard-hit sectors are beginning to...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
International Monetary Fund predicts high economic growth this year for rich economies and tepid growth for many emerging economies
Russia International Monetary Fund predicts high economic growth this year for rich economies and tepid growth for many emerging economies The IMF’s July World Economic Outlook sees global growth at...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Mixed signals on direction of Russian economy
Mixed signals on direction of Russian economy The slide in domestic demand continued in October as seasonally adjusted retail sales, reflecting private consumption which is the largest demand compone...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
While consumption fell, Russian economic indicators generally point to recovery in November
Russia While consumption fell, Russian economic indicators generally point to recovery in November The economy ministry estimates that Russian GDP contracted by 3.7 % y-o-y in November, i.e. sl...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russian foreign trade remains very weak
Russian foreign trade remains very weak The value of Russian goods exports in the third quarter was down nearly 40 % y-o-y in dollar terms and about 25 % in euro terms. Low export prices were largely...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Higher oil prices bring at least temporary relief for the Russian economy
russia,economy,BOFIT Weekly Review Higher oil prices bring at least temporary relief for the Russian economy The outlook for Russia’s economic performance, which stumbled in the first two months of ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2026
BOFIT Visiting Researchers Programme - Call Spring/Summer 2026
<p>Call for Spring/Summer 2026</p>
Bofit.fi / Bofit homepage / BOFIT / News / 2025
Eurasian Economic Union is taking steps to harmonize external tariffs and lower internal barriers
Russia Eurasian Economic Union is taking steps to harmonize external tariffs and lower internal barriers The union has evolved on top of earlier economic cooperation agreements among former Soviet r...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Varying performance in Russian manufacturing branches last year
Varying performance in Russian manufacturing branches last year In 2015, the volume of manufacturing output fell 5.4 %. Last year, the output was virtually unchanged from 2015. Credit for ending the ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
The slide of Russian output deepened in April
The slide of Russian output deepened in April Rosstat reports Russian GDP contracted 1.9 % y-o-y in the first quarter, and that the volume of economic activity as measured by indicators for the five ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
IMF lowers its forecast for Russian GDP
IMF lowers its forecast for Russian GDP The IMF’s newest World Economic Outlook projects a nearly one-percentage point deeper contraction in Russian GDP in 2016 than in its January forecast. The IMF ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Significant differences in pace of development in various sectors of the Russian economy
Russia Significant differences in pace of development in various sectors of the Russian economy Manufacturing activity, when measured in the real volume of gross value added produced (GVA), has been...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
IMF releases second loan tranche to Ukraine
IMF releases second loan tranche to Ukraine On July 31, the IMF Board voted to release the second tranche of the Extended Fund Facility (EFF) approved last March. The latest tranche was for $1.7 bil...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Digital archives of publication series
Digital archives of publication series All BOFIT publications can be found in digital (PDF) format in the Bank of Finland's institutional repository. The Bank of Finland’s Unit for Eastern Europe...
Bofit.fi / Bofit homepage / Publications