Statistical reforms provide improved picture of Russian household spending
Russia Statistical reforms provide improved picture of Russian household spending New figures show that the large contraction in real household incomes of recent years was a little mil...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2019
Proposal on stricter import control for Russian state-owned enterprises
Russia Proposal on stricter import control for Russian state-owned enterprises The proposal is related to an amendment approved at the end of 2017 that will enter into force at the beginnin...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2018
President Tokayev consolidates power in Kazakhstan
Russia President Tokayev consolidates power in Kazakhstan Rising fuels prices at the beginning of January ignited a wave of protests across Kazakhstan. To bring the violent protests under c...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2022
Ruble strengthening returns
Ruble strengthening returns After a couple of months of weakening, the ruble’s exchange rate recovered in September and has since remained around 58 rubles to the dollar and 68 to the euro. Rising oil...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2017
Change in the law pushes millions of Russians into Mir payment cards
Change in the law pushes millions of Russians into Mir payment cards At the start of the week, president Putin signed legislative amendments, whereby wages paid from government budgets and many social...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2017
Consumption, real incomes and household borrowing in Russia remain down
Consumption, real incomes and household borrowing in Russia remain down The seasonally adjusted volume of retail sales in June still remained virtually unchanged and was thus down nearly on...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015
Improved profitability of Russian firms early this year gave support to paying down foreign debt
Improved profitability of Russian firms early this year gave support to paying down foreign debt Even entering recession, corporate sector profits relative to GDP in the early months of this year soar...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015
Russian central bank keeps rates unchanged
Russian central bank keeps rates unchanged The Central Bank of Russia last week decided to keep its key rate at 11 %, a level held since the start of August. The CBR noted that, while inflat...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015
Russian growth in the past couple of years driven largely by extractive sector, trade and public administration
Russia Russian growth in the past couple of years driven largely by extractive sector, trade and public administration New GDP data show that among the largest sectors output of extractive ...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2019
William Pyle (Middlebury College): Land rights, industry and the post-socialist cityscape
BOFIT Time: Tuesday, 2 August at 10.30–11.30am William Pyle (Middlebury College): Land rights, industry and the post-socialist cityscape Abstract Across the former socialist countries, planners made ...
Bofit.fi / BOFIT start page / Research / Seminars / BOFIT seminars 2011–2016 / 2016
Growth in Russian industrial output revived in February
Russia Growth in Russian industrial output revived in February Industrial output growth rose to 2.6 % y-o-y in January-February. The figure moved up towards the growth figure for all o...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2019
Russian retail sales up overall, but growth has slowed in recent months
Russia Russian retail sales up overall, but growth has slowed in recent months The volume of retail sales last year grew by 2.6 % y-o-y. The pace of growth varied during the year, however, ...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2019
Revised Rosstat figures give a significantly brighter view of recent industrial output growth
Russia Revised Rosstat figures give a significantly brighter view of recent industrial output growth Revised 2016–17 data show that Russian industrial output, rather than the 2.3 % reported...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2018
Slight reduction in foreign debt of Russian banks and other firms
Slight reduction in foreign debt of Russian banks and other firms Preliminary CBR figures show companies and banks in Russia (Russian and foreign-owned) owed $470 billion (€446 billion) in f...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2017
CBR leaves key rate unchanged
CBR leaves key rate unchanged The Central Bank of Russia’s regular board meeting on December 16 decided to keep the key rate at 10 %, where it has remained since September. As of end-Novembe...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2016
Russian employment numbers rose, while unpaid leave and part-time work increased
Russian employment numbers rose, while unpaid leave and part-time work increased Despite recession, Rosstat’s employment survey finds the number of people employed declined just modestly in 2015 and i...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2017
Further tightening of Russian regional budgets
Further tightening of Russian regional budgets Nominal regional budget revenues in January-July 2016 were unchanged from January-July 2015. Transfers from the federal budget to regional budgets fell s...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2016
Fixed investment in Russia increasingly goes to oil & gas production
Fixed investment in Russia increasingly goes to oil & gas production The total volume of fixed investment fell over 4 % y-o-y in the first half of this year (down over 8 % in 2015). Ross...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2016
CBR leaves key rate unchanged
CBR leaves key rate unchanged On October 28, the board of the Central Bank of Russia decided to keep its key rate at 10 %, where it has been since September 19. The CBR reiterated that no fu...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2016
Russian export earnings and import spending continue to fall
Russian export earnings and import spending continue to fall Preliminary balance-of-payments figures from the Central Bank of Russia show export earnings from goods and services fell by a th...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2016