Procurements of public sector and state-owned enterprises in 2016 exceeded 30 % of Russian GDP
Procurements of public sector and state-owned enterprises in 2016 exceeded 30 % of Russian GDP Theeconomy ministry reports that public procurements in Russia last year were valued at 5.3 trillion rub...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian stock market performance reflects low oil prices and ruble slide
Russian stock market performance reflects low oil prices and ruble slide Russia’s main RTS share index, calculated in dollars, fell 4 % last year on the drop in oil prices and the ruble’s weak exchan...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
CBR lowers key rate for fourth time this year
CBR lowers key rate for fourth time this year The Central Bank of Russia lowered its key interest rate one percentage point on Tuesday (June 16) to 11.5 %. The CBR said the rate cut was justified in...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Increase in profits of Russian firms supports capital flows abroad and to banks
Increase in profits of Russian firms supports capital flows abroad and to banks Despite a recessionary economy, profits of Russian companies were up again in January-May relative e.g. to companies’ b...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Forecasts see smaller slide for Russian economy than earlier
Forecasts see smaller slide for Russian economy than earlier Both the IMF World Economic Outlook update released this month and the July consensus forecast of various major forecasters see Russian GD...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian central bank again lowers its key rate
Russia Russian central bank again lowers its key rate Last Friday (July 24), the Central Bank of Russia’s board of directors decided to lower the key rate by 25 basis points to 4.25 %. It was t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
CBR keeps rates unchanged, but adjusts guidance
CBR keeps rates unchanged, but adjusts guidance At its scheduled meeting last Friday (Jan. 29), the Central Bank of Russia’s board decided to leave the key rate unchanged at 11 %, the same level it h...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
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
Russian central bank lowers its key rate; growth in corporate borrowing slows
russia,BOFIT Weekly Review,economy Russian central bank lowers its key rate; growth in corporate borrowing slows At its regular meeting on June 6, the Central Bank of Russia’s board of directors dec...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Former visitors
researchers Visitor Period of Visit Research Institute Laurent Weill 07.01. - 10.01.2025 University of Strasbourg Luu Duc Toan Huynh 07.01. - 17.01.2025 Queen Mary University of London Yi Wei 10.02. ...
Bofit.fi / Bofit homepage / Visiting Researchers Programme
CBR issues monetary policy guidelines for 2020−2022
Russia CBR issues monetary policy guidelines for 2020−2022 Maintaining price stability will remain the top monetary policy priority for the Central Bank of Russia in coming years. This means, in pra...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
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
BOFIT’s latest forecast sees Russian economic growth falling to 1 % this year
Russia BOFIT’s latest forecast sees Russian economic growth falling to 1 % this year The acceleration of Russian economic growth to 2.3 % last year was largely driven by transient factors....
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian federal budget revenues continue to deteriorate
Russia Russian federal budget revenues continue to deteriorate Nominal revenues to the federal budget in June were up by a meagre 1.5 % y-o-y. This translates to a very large drop in real terms...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
The third unit of the natural gas liquefaction plant in Yamal went into operation in November
Russia The third unit of the natural gas liquefaction plant in Yamal went into operation in November The plant is located on the coast of the Arctic Ocean. It brought its first unit, or train, on st...
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 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
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
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
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