CBR sees Russian economy contracting 3.5–4 % this year
CBR sees Russian economy contracting 3.5–4 % this year The central bank forecast further expects the GDP to fall 1–1.6 % in 2016 but return to growth of 5.5–6.3 % in 2017. The CBR’s outlook assumes t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Growth of government revenues and expenditures just kept up with inflation in 2014
Growth of government revenues and expenditures just kept up with inflation in 2014 Revenues to the consolidated budget, that is the overall government budget (federal, regional and municipal budgets ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Semblance of calm returns to banking sector
Semblance of calm returns to banking sector The ruble’s collapse crested in mid-December (Dec. 16–17), followed by a frenzy of withdrawals from bank deposit accounts. However, the situation calmed in...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
President Putin evaluates economic programme proposals
President Putin evaluates economic programme proposals In late May, president Putin was presented with two economic development programmes that Putin had requested, but a decision is yet to be made o...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian federal budget revenues get a big boost from higher oil prices
Russian federal budget revenues get a big boost from higher oil prices Federal government revenues in the first quarter were much higher than in 1Q16. Revenues increased for the first time since late...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
China's filings of international patent applications jump last year
China's filings of international patent applications jump last year The number of Chinese patent applications in 2016 increased by 45 % y-o-y, totalling 43,170 filings. Patent application filings...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Wage growth slows; Chinese wage levels already high among emerging economies
Wage growth slows; Chinese wage levels already high among emerging economies The latest household survey of China's National Bureau of Statistics finds that wage growth in urban areas slowed to 7...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian output recovers, but consumption slump drags on
Russian output recovers, but consumption slump drags on Industrial output in November-December 2016 rose by about 3 % y-o-y. Growth was slightly over 1 % for all of 2016. Rosstat noted that its full-...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Gas sector drives growth in fixed investment
Gas sector drives growth in fixed investment Newly released Rosstat figures show a small recovery in seasonally adjusted fixed investment happened earlier than what the figures showed in late summer....
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian government takes on wage arrears problem
Russian government takes on wage arrears problem Prime minister Dmitri Medvedev told a cabinet-level meeting on wage arrears last week that total wage arrears were less than 1 % of the total monthly ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Gazprom-EU dispute unresolved after four years
Gazprom-EU dispute unresolved after four years A probe by the European Commission found that Gazprom’s operations violate EU competition rules in many member states of Central and Eastern Europe. The...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Construction of new Rosatom reactor units in China gets underway
Construction of new Rosatom reactor units in China gets underway China announced in late May that construction work on new reactor units was underway at the Tianwan and Xudapu nuclear power plants. R...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russian federal budget revenues declined last year, while defence spending soared
Russian federal budget revenues declined last year, while defence spending soared In nominal ruble terms, federal budget revenues last year contracted 6 %. In real terms (i.e. taking inflation into c...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Low oil prices challenge Russian government finances
Low oil prices challenge Russian government finances The houses of the Russian parliament (Duma and Federation Council) during the past two weeks approved the draft 2016 federal budget. In its decisi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian output up in September; consumption continued to fall
Russian output up in September; consumption continued to fall Rosstat reports that seasonally adjusted industrial output rose considerably in September to its fastest growth since December 2014. Outp...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
International institutions concerned about soaring indebtedness in China
International institutions concerned about soaring indebtedness in China The Bank for International Settlements (BIS) data for January-March reveal several “early-warning” indicators that point to in...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian economy has recovered from last year’s recession, but pace of recovery varies considerably across branches
Russia Russian economy has recovered from last year’s recession, but pace of recovery varies considerably across branches The Russian economy has largely recovered from the recession in spring 2020,...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Global growth outlook improves, but tariff uncertainty creates significant downside risks
BOFIT Weekly Review,world economy Global growth outlook improves, but tariff uncertainty creates significant downside risks In its latest World Economic Outlook update, the International Monetary Fu...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Global growth faces increased risks
global economy,trade,imf,BOFIT Weekly Review Global growth faces increased risks The International Monetary Fund (IMF) last week released its quarterly update of the World Economic Outlook. Global g...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Publications
Research papers are published in our BOFIT Discussion Papers series, while topics of current interest are addressed in the BOFIT Policy Brief series. BOFIT blog entries in Finnish or English are poste...
Bofit.fi / Bofit homepage