Large shifts in structure of government revenues and spending
Large shifts in structure of government revenues and spending In the first half of 2015, revenues to the consolidated budget (federal, regional and local governments, plus state social funds) remain...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
IMF report clarifies issues on possible inclusion of yuan in SDR basket
IMF report clarifies issues on possible inclusion of yuan in SDR basket The IMF Board will decide this November on adding the Chinese yuan to the IMF’s Special Drawing Rights (SDR) basket reserve cu...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian government budget framework assumes lean years ahead
Russian government budget framework assumes lean years ahead In its latest budget framework proposal to the government, the finance ministry expects the nominal value of government revenues to fall t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Depressed Russian demand and output continued in May
Depressed Russian demand and output continued in May For the third month in a row, the volume of retail sales was down about 9 % y-o-y. The contraction for the first five months of 2015 was over 7.5...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian Duma approves adjustments to federal and social fund budgets for 2015
Russian Duma approves adjustments to federal and social fund budgets for 2015 The Duma made no change to the government’s proposed federal budget in aggregate, even if the modifications had caused h...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russians experienced drop in real household incomes last year
Russians experienced drop in real household incomes last year Rising inflation caused real household incomes to contract by nearly 1 % last year. When inflation flared in November and December 2014, ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Despite devastating attacks, Ukraine’s economy grew by nearly 2 % last year
BOFIT Weekly Review,Ukraine Despite devastating attacks, Ukraine’s economy grew by nearly 2 % last year Energy sector destruction held back Ukrainian economic growth in late 2025 Ukraine’s 12-m...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2026
New round of US tariffs could significantly slow global growth
China,economy,BOFIT Weekly Review New round of US tariffs could significantly slow global growth On April 2, the United States president Donald Trump announced “reciprocal” import tariffs of 10–50 %...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Half of the cars built and sold in China still only have internal combustion engines
China,economy,BOFIT Weekly Review Half of the cars built and sold in China still only have internal combustion engines The China Association of Automobile Manufacturers (CAAM) reports that productio...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Yuan’s depreciation trend likely over; Chinese currency’s internationalisation progresses slowly
Yuan’s depreciation trend likely over; Chinese currency’s internationalisation progresses slowly The yuan’s persistent weakening bias, which have lasted for most of this year, appears to have ended. ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Ukraine’s growth slows; foreign financing remains a critical source of budget funding
Ukraine,economy Ukraine’s growth slows; foreign financing remains a critical source of budget funding Ukraine’s GDP growth depressed by destruction of its energy sector Preliminary figures released...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Conflicts in the Middle East cloud global economic outlook
BOFIT Weekly Review,world economy Conflicts in the Middle East cloud global economic outlook The International Monetary Fund (IMF) this week released its latest World Economic Outlook. In addition t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2026
EU-India free-trade agreement creates basis for developing economic relations
BOFIT Weekly Review,world economy EU-India free-trade agreement creates basis for developing economic relations Indian prime minister Narendra Modi and European Commission president Ursula von der L...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2026
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
China celebrates 40 years of economic reform
China China celebrates 40 years of economic reform The milestone was celebrated on Tuesday (18.8.) in the high level meeting in Beijing. The meeting, however, offered nothing new concerning the futu...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
European Chamber reports tougher Chinese business environment
China European Chamber reports tougher Chinese business environment The European Union Chamber of Commerce in China (European Chamber) released its latest position paper at the end of September. The...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Mainland China’s stock markets have been on a rise for the past two months
China Mainland China’s stock markets have been on a rise for the past two months Dragged down by uncertainty, share prices of companies listed on Chinese stock exchanges took a beating in the first ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Latest forecasts show China putting the covid-19 crisis behind it, even as other emerging economies struggle
China Latest forecasts show China putting the covid-19 crisis behind it, even as other emerging economies struggle According to both the IMF’s just-released World Economic Outlook update and the Wor...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Poverty and income disparity remain big challenges for China
China Poverty and income disparity remain big challenges for China China has spent recent years “battling” poverty, specifically elimination of “absolute poverty” by the end of 2020. The government’...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Latest forecast revisions see China as sole driver of global growth this year
China Latest forecast revisions see China as sole driver of global growth this year The revised autumn forecasts of the OECD, World Bank, Asian Development Bank (ADB) and IMF all agree that Chinese ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020