China’s foreign trade contracted in January-February
China China’s foreign trade contracted in January-February China Customs valued the country’s goods exports in January-February at 350 billion dollars, a 5 % decrease from the first two months of 20...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Every fifth international patent application now comes from China
China Every fifth international patent application now comes from China The latest annual report from the World Intellectual Property Organization (WIPO) notes that globally 243,500 patent applicati...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Finnish goods exports to China rising much faster than exports generally
Finnish goods exports to China rising much faster than exports generally Finnish Customs reports that, while Finnish goods exports overall increased by less than 15 % last year, the value of Finnish ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian government budget revenues rise, spending growth slows and budget deficit shrinks
Russia Russian government budget revenues rise, spending growth slows and budget deficit shrinks Revenues to the consolidated budget (federal, regional and municipal budgets, plus state social fund ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russian industrial output contracted in September
Russian industrial output contracted in September Total seasonally and workday-adjusted industrial output contracted slightly in September from August. The volume of production was down 0.8 % y-o-y....
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
IMF disburses new loan tranche to Ukraine
IMF disburses new loan tranche to Ukraine At its meeting on Wednesday (Sept. 14), the executive board of the International Monetary Fund voted to grant Ukraine the third tranche of its four-year $17....
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Pressure on Russian government finances continues to increase
Pressure on Russian government finances continues to increase First-quarter revenues to the consolidated budget (federal, regional and municipal budgets plus state social funds) were down about 3 % f...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Revised figures show some shifts in Russian GDP components in the past few years
Revised figures show some shifts in Russian GDP components in the past few years Rosstat’s revised annual data found no change in the GDP growth figures in 2012–2015. Compared to the previous data re...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Slow export growth in China in the first half; value of imports declines
Slow export growth in China in the first half; value of imports declines In the first six months of 2015, the value of exports increased about 1 % from 1H14. The value of imports declined 16 %. Expo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Founding documents signed for AIIB development bank
Founding documents signed for AIIB development bank The founding agreement for the China-led Asian Infrastructure Investment Bank (AIIB) was signed at the end of June by 50 counties, including Finla...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian finance ministry expects spending on defence and social security to plateau next year
Russian finance ministry expects spending on defence and social security to plateau next year In its budget policy framework proposal, the finance ministry noted it expects defence and social spendi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Decline of investment limited by oil and gas sector
Decline of investment limited by oil and gas sector Total investment of the economy has fallen since spring 2013. Last year, investment contracted 2.5 % y-o-y, and in the first quarter of this year...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian domestic demand down sharply in April
Russian domestic demand down sharply in April The slide in the volume of retail sales accelerated to 10 % y-o-y, a drop similar to that witnessed during the 2009 recession. In January-April, th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
CBR returns to the forex market
CBR returns to the forex market Last week (May 14), the CBR announced it started regular forex purchases to increase its forex reserves. The central bank emphasised that the purpose of the forex buyi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
IMF forecasts uneven development for the global economy
IMF forecasts uneven development for the global economy In its latest World Economic Outlook (WEO) released this week, the IMF sees economic growth strengthening in advanced economies this year, whil...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Boom in Chinese tourism balances goods trade surplus
Boom in Chinese tourism balances goods trade surplus The goods trade surplus hit record highs again in January and February, with exports rising 15 % y-o-y and imports dropping by 20 % y-o-y. The gro...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian government sector spending increased rapidly last year; oil price drop changes outlook
Russia Russian government sector spending increased rapidly last year; oil price drop changes outlook Growth in revenues to the consolidated budget (federal, regional and municipal budgets plus stat...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Call for BOFIT Visiting Researchers Programme for autumn/winter 2023 is now open
visiting researchers programme Call for BOFIT Visiting Researchers Programme for autumn/winter 2023 is now open BOFIT Visiting Researchers Programme – call for autumn/winter 2023 is open until 1 May...
Bofit.fi / Bofit homepage / BOFIT / News / 2023
Ukraine gets new IMF programme
Ukraine Ukraine gets new IMF programme At its meeting this Tuesday (Dec. 18), the executive board of the International Monetary Fund (IMF) voted to grant Ukraine a new Stand-By Arrangement (SBA). Th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Ukraine’s economy shrank by about a third last year
#Ukraine Ukraine’s economy shrank by about a third last year According to the preliminary assessments, the country’s GDP contracted by roughly 30 % last year. Both private consumption and fixed...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023