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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...

Subject: Russia ; Venäjä

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...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016

Rapid growth in Russian goods trade continued in first quarter

Russia Rapid growth in Russian goods trade continued in first quarter The value of goods exports in the first quarter slightly exceeded $100 billion, an increase of over 20 % y-o-y. Rising oil price...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018

Russian economic trends seem to have stabilised in July

Russia Russian economic trends seem to have stabilised in July Although retail sales and many branches of manufacturing experienced weaker growth in July, the Russian economy garnered support from o...

Subject: Russia ; Venäjä

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

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...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017

March PMI indicators suggest Russian economy already contracting

Russia March PMI indicators suggest Russian economy already contracting Readings of the Markit Economics purchasing manager indices for March show contractions in both manufacturing and service bran...

Subject: Russia ; Venäjä

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

Russian investments focused increasingly on oil & gas last year

Russia Russian investments focused increasingly on oil & gas last year Russian investments focused increasingly on oil & gas last year After years of contraction, Russia's total fixed i...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018

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...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016

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...

Subject: Russia ; Venäjä

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...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015

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...

Subject: Russia ; Venäjä

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...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019

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....

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019

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...

Subject: Russia ; Venäjä

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...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017

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 ...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018

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...

Subject: Russia ; Venäjä

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

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...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021

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...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021