China stays with its diversified energy import strategy; natural gas consumption and imports on the rise
imports last year rose to 320 million tons (7 % of consumption), an increase of more than 6 % y-o-y. China imposed a ban on Australian coal imports in 2020 and shifted its supply emphasis to...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2022
Ruble exchange rate fluctuations in recent weeks fairly muted compared to the huge swings in oil prices
Russia Ruble exchange rate fluctuations in recent weeks fairly muted compared to the huge swings in oil prices Recent weeks have seen large daily moves in oil prices. For example, the price...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2020
Russian inflation rises to levels not seen for years
global phenomenon and largely reflects transitory supply issues. The rapid recovery in demand has also contributed to higher prices as production capacity in Russia is approaching it limits. ...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2021
Recovery in Russian fixed investment
Russia Recovery in Russian fixed investment Recovery in Russian fixed investment The volume of fixed investmentrose by well over 6 % y-o-y in the second quarter. For the first half, growth...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2017
Russian economic trends seem to have stabilised in July
Russia Russian economic trends seem to have stabilised in July Although retail sales and many branches of manufacturing experienced weaker growth in July, the Russian economy garnered suppo...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2022
Christian Dreger: The impact of economic sanctions and oil prices on the Ruble and Hryvnia
Tuesday 18 August 2015 10.30–11.30 Christian Dreger (DIW Berlin): The impact of economic sanctions and oil prices on the Ruble and Hryvnia The Ruble is of critical importance for the Russian economy...
Bofit.fi / BOFIT start page / Research / Seminars / BOFIT seminars 2011–2016 / 2015
Growth in Russian government sector spending accelerates
Russia Growth in Russian government sector spending accelerates Expenditures of the consolidated budget (federal, regional and municipal budgets, plus state social funds) increased in the t...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2019
Credit rating agency Moody’s upgrades Russian sovereign debt
Russia Credit rating agency Moody’s upgrades Russian sovereign debt On February 8, Moody’s upgraded Russia’s credit rating score by a notch from Ba1 to Baa3, its tenth-best rating ...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2019
Russia and Turkey celebrate progress in Black Sea gas pipeline project
Russia Russia and Turkey celebrate progress in Black Sea gas pipeline project The new Black Sea gas pipeline Turkish Stream (TurkStream) runs under the sea bottom from Krasnodar to west of I...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2018
Robust increase in Russian government revenues, substantial budget surpluses
Russia Robust increase in Russian government revenues, substantial budget surpluses Revenues to the consolidated budget (federal, regional and local budgets, plus government social funds) i...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2018
Russian president tours East Asia
Russia Russian president tours East Asia On April 25, Vladimir Putin hosted North Korea’s leader Kim Jong-un in Vladivostok. He then continued to Beijing to participate in the Belt and Road...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2019
Russian unemployment falls and wages continue to rise; real incomes contracted in August-September
Russia Russian unemployment falls and wages continue to rise; real incomes contracted in August-September Using the methodology of the International Labour Organization (ILO), Russia’s<...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2018
CBR injects more money into troubled banks
Russia CBR injects more money into troubled banks The Central Bank of Russia last year had to take over three large private banks – Otkritie, B&N Bank and Promsvyazbank –...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2018
Russian economic growth driven almost exclusively by private consumption
Russia Russian economic growth driven almost exclusively by private consumption Newly released Rosstat figures show that the slowdown in GDP growth to just 0.5 % y-o-y in the first quarter ...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2019
Russia's economic recovery stumbles again
Russia Russia's economic recovery stumbles again The Russian economy performed at least slightly better in the first quarter ofthis year overall compared to the halt of growth in the second half o...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2018
Commercial banks participating in CBR’s digital ruble pilot trial
Russia Commercial banks participating in CBR’s digital ruble pilot trial The Central Bank of Russia only began in earnest to plan the introduction of a digital currency last year, ...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2021
Recovery of Russian government budget revenues has brought rebalance
Russia Recovery of Russian government budget revenues has brought rebalance Recovery of Russian government budget revenues has brought rebalance Rebound of revenues on the consolidated bud...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2017
CBR raises key rate again; monetary policy guidelines for 2022–2024 announced
Russia CBR raises key rate again; monetary policy guidelines for 2022–2024 announced On September 10, the Central Bank of Russia decided to raise the key rate by 25 basis points. T...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2021
Russian export earnings and imports continue to recover rapidly, even if the fastest pace has slowed
Russia Russian export earnings and imports continue to recover rapidly, even if the fastest pace has slowed Russian export earnings and imports continue to recover rapidly, even if the fast...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2017
Russian central bank continues accommodating monetary policy
Russia Russian central bank continues accommodating monetary policy Russian central bank continues accommodating monetary policy At its regular meeting last week, the Central Bank of R...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2017