Russian government and businesses have cut back on investments
Russian government and businesses have cut back on investments Total fixed investments fell by about 12 % in real terms in 2014–2016. The ratio of fixed investments to GDP is just 21 %. Government in...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
European Commission invites comments on EU-Gazprom gas dispute
European Commission invites comments on EU-Gazprom gas dispute An investigation launched in autumn 2012 into European gas markets initially found that Gazprom violated EU competition rules in many EU...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian government budget revenues weaken; high inflation erodes stimulus effects
Russia Russian government budget revenues weaken; high inflation erodes stimulus effects May federal budget revenues were up by just 10 % y-o-y in nominal terms. The rise was gravely insufficie...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian inflation continues to pick up steam
Russian inflation continues to pick up steam Consumer prices showed in July-August their fastest on-month rise for years. In August consumer price inflation was nearly 16 % y-o-y and food prices were...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian accounts inspector finds problems with National Welfare Fund use
Russian accounts inspector finds problems with National Welfare Fund use The Accounts Chamber of the Russian Federation reports that assets invested from the National Welfare Fund to finance large i...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian output shows transient spike in December
Russian output shows transient spike in December Industrial output growth accelerated in December, particularly in a couple of manufacturing branches. Some experts suggest that the acceleration large...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Putin's newest May Decree sets out typical government target and task list through 2024
Russia Putin's newest May Decree sets out typical government target and task list through 2024 As with Putin's third inauguration in 2012, he laid out on Monday (May 7) a new to-do list for ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Forecasters downgrade China’s 2022 GDP growth forecast, see high growth rates for India and predict a lower-than-expected contraction of the Russian economy
China,India,Russia Forecasters downgrade China’s 2022 GDP growth forecast, see high growth rates for India and predict a lower-than-expected contraction of the Russian economy In its latest World Ec...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
China increased its share of EU foreign trade in 2015
China increased its share of EU foreign trade in 2015 The EU28’s goods imports from China last year rose 16 % y o y to €350 billion. The value of total non-EU goods imports increased 2 %. The value o...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian government spending cushions fixed investment decline
Russia Russian government spending cushions fixed investment decline In Russia, the real volume of fixed investment declined in the second quarter by about 7.5 % y-o-y. The drop was less steep ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russian federal budget produces strong first half surplus
Russia Russian federal budget produces strong first half surplus Budget revenues in the first half of 2019 climbed 10 % y-o-y in nominal rubles, even when the high pace of growth that boosted t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Recovery in Russian fixed investment continued in 2018
Russia Recovery in Russian fixed investment continued in 2018 Fixed investment rose by 4.3 % last year (4.8 % in 2017, with Rosstat’s latest round of revision raising the figure a bit). The level of...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian economic growth remained moderate in October
Russia Russian economic growth remained moderate in October Russian manufacturing growth in October accelerated to above 3.5 % y-o-y (growth averaged just over 2 % in the first nine months...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Changes planned for Russian public sector spending structure already next year
Russia Changes planned for Russian public sector spending structure already next year Changes planned for Russian public sector spending structure already next year The finance ministry's conso...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian economy gradually recovers
Russia Russian economy gradually recovers Russian economy gradually recovers After rising throughout the spring, seasonally and workday-adjusted industrial output contracted slightly in June. In on...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian government revenues and spending continued to decline in real terms last year
Russian government revenues and spending continued to decline in real terms last year The consolidated budget, which combines federal, regional and local budgets, and state social funds, showed a sli...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
CBR holds key rate unchanged; policy outlook slightly adjusted
CBR holds key rate unchanged; policy outlook slightly adjusted At its regular meeting, the board of the Central Bank of Russia last Friday (Feb. 3) decided to keep the key rate at 10 %, the level it ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Immediate impacts of US election results on the Russian economy appear minimal
Immediate impacts of US election results on the Russian economy appear minimal The immediate fallout from announcement on Wednesday (Nov. 9) morning of Republican presidential candidate Donald J. Tru...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
China’s competitiveness unchanged relative to other countries
China’s competitiveness unchanged relative to other countries The World Economic Forum (WEF) Global Competitiveness Index (GCI) rankings of 140 countries put China this year in 28th place. China has ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russians increasing domestic travelling
Russians increasing domestic travelling Tourism abroad has fallen sharply over the past two years due to the weak ruble and falling real disposable incomes. Imports of travel services last year amoun...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016