Another cut in the key rate from the CBR
Russia Another cut in the key rate from the CBR At its final interest-rate meeting of the year, the CBR board decided to keep easing monetary policy and cut the key rate by 50 basis points. Since la...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Slight reduction in foreign debt of Russian banks and other firms
Slight reduction in foreign debt of Russian banks and other firms Preliminary CBR figures show companies and banks in Russia (Russian and foreign-owned) owed $470 billion (€446 billion) in foreign de...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian employment numbers rose, while unpaid leave and part-time work increased
Russian employment numbers rose, while unpaid leave and part-time work increased Despite recession, Rosstat’s employment survey finds the number of people employed declined just modestly in 2015 and ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
CBR leaves key rate unchanged
CBR leaves key rate unchanged The Central Bank of Russia’s regular board meeting on December 16 decided to keep the key rate at 10 %, where it has remained since September. As of end-November, 12-mon...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
CBR leaves key rate unchanged
CBR leaves key rate unchanged On October 28, the board of the Central Bank of Russia decided to keep its key rate at 10 %, where it has been since September 19. The CBR reiterated that no further rat...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Further tightening of Russian regional budgets
Further tightening of Russian regional budgets Nominal regional budget revenues in January-July 2016 were unchanged from January-July 2015. Transfers from the federal budget to regional budgets fell ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
President Tokayev consolidates power in Kazakhstan
Russia President Tokayev consolidates power in Kazakhstan Rising fuels prices at the beginning of January ignited a wave of protests across Kazakhstan. To bring the violent protests under control, P...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian central bank lowers key interest rate
Russian central bank lowers key interest rate At its monthly meeting last Friday (June 10), the Central Bank of Russia’s board of directors voted to lower the key rate by 50 basis points to 10.5 %. T...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Declining ruble exchange rate has sharply lowered external value of wages in all branches
Declining ruble exchange rate has sharply lowered external value of wages in all branches The average monthly Russian wage between April 2015 and March 2016 was €500. In manufacturing, it was about €...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian inflation remained moderate
Russia Russian inflation remained moderate February consumer prices were up by 2.3 % y-o-y. Inflation slowed slightly from the January pace of 2.4 %. Much of the drop can be attributed to ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russian pensioners and select public sector workers receive notable one-time stimulus payments this month
Russia Russian pensioners and select public sector workers receive notable one-time stimulus payments this month On August 24, president Vladimir Putin decreed a one-time stimulus payment to pension...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russian government budget revenues and spending at high levels; deficit vanishes
Russia Russian government budget revenues and spending at high levels; deficit vanishes Russia saw the pace of budget revenue growth accelerate further in the third quarter, i.e. a more than 40 ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Recovery of Russian economy continues
Russia Recovery of Russian economy continues Russia’s Ministry for Economic Development estimates that GDP grew in March by 0.5 % y-o-y, while GDP was still down by over 2 % y-o-y in Janua...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
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 ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
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 economic growth continued to slow in July
Russia,economy,BOFIT Weekly Review Russian economic growth continued to slow in July Russian output growth remained slow in July. The drag from tight monetary policy on demand is becoming more appar...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
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 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
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
BOFIT Visiting Researchers Programme - Call Spring/Summer 2026
<p>Call for Spring/Summer 2026</p>
Bofit.fi / Bofit homepage / BOFIT / News / 2025