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BOFIT Forecast for Russia 2026–2028 / 1 -
Growth in bank lending slowed last year in Russia -
Russian economy lost steam in 2025 -
Russia’s economic development has weakened in many sectors -
Russia’s GDP growth modest and government deficit on the rise -
New sanctions reduce export price of Russian oil -
Russian economic growth remains sluggish and subject to structural imbalances -
Russian economic growth expected to slow sharply; new sanctions increase risks -
BOFIT Forecast for Russia 2025–2027 / 2 -
Russia’s new budget framework does not promise support for fading economic growth -
Russia struggles to balance fiscal and monetary policy demands -
Russian economic growth continued to slow in July -
CBR announces timetable for digital ruble rollout -
Economic conditions in Russia continue to weaken -
Russian growth overall slows, in some branches and regions output has declined -
Russian economic growth continued much slower in March -
Investment patterns reflect Russia’s war of aggression -
Russian growth slows, increased risks from declining oil prices -
Latest forecast sees Russian growth slowing in years ahead -
BOFIT Forecast for Russia 2025–2027 / 1 -
Economic imbalances weighing on Russia’s output growth -
Strong growth in Russian bank lending continued last year -
Russian economic output growth slowed and economic imbalances worsened in second half of 2024 -
Russia’s natural gas and oil exports facing new challenges -
Russia’s 2024 grain harvest falls below expectations -
Russia’s economic slowdown continues -
Ruble exchange rate plunges -
Russia lays out hydrocarbon-based energy strategy -
Russia’s economic growth slows further in August; BOFIT forecasts lower growth in the years ahead -
BOFIT Forecast for Russia 2024–2026: Labour shortages and capacity constraints increasingly binding -
Russia plans on increasing government spending next year; fighting inflation could become more difficult -
Russia continued on a more moderate growth path in July; fixed investment supported first-half growth -
Sanctions push CBR to adjust its ruble exchange rate policy -
BOFIT Forecast for Russia 2026–2028 -
Slowing growth in Russia -
Russia statistics -
BOFIT statistics -
Russia’s central bank raises its key rate to 18 % on inflation concerns; key rate now expected to remain high for a longer time -
Russian unemployment falls to record post-Soviet low -
Sanctions on Russia further tightened in June -
Rising government spending and rapid wage growth fuel demand and economic imbalances in Russia -
Companies in Russia rely largely on domestic banks for financing -
Updated BOFIT Russia Forecast for 2024-2026 will be published on 25.3.2024 -
Low oil prices due to weakened global economic prospects could weigh on Russia’s economic development next year -
Inflationary pressures in Russia still on the rise -
Russian financial markets seek new equilibrium -
BOFIT Forecast for Russia 2023-2024 will be published in Teams webinar on September 14, 2023 -
Russian industrial output grew in March; detailed 2022 GDP data released -
BOFIT Forecast for Russia 2023–2024 is published -
EU import ban and G7 price cap on Russian crude oil enter into force; EU plans further sanctions -
Russian economy continued to contract in October -
Russian households cut back on spending, durable goods most affected -
Finland’s trade with Russia has collapsed -
Russian federal budget revenue streams at low level; spending continues to rise -
Contraction of Russian GDP continued in the third quarter -
Russia needs to find new export markets for oil ahead of EU sanctions entering into force -
Growth in Indian imports from Russia begins to plateau -
Contraction of Russian economy accelerated in September -
Russian real household incomes slide -
CBR kept key rate unchanged and released updated economic forecast -
China’s exports to Russia continued to rise in October -
Weaker revenues and higher spending reign Russia’s federal and regional budgets -
Russian export earnings start to decline, recovery in imports continues -
Overall condition of Russia’s banking sector remains murky -
Latest BOFIT forecast sees Russian economy contracting by 4 % this year and imports falling by 25 % -
Russia’s current account surplus contracted in the third quarter of this year -
Weak developments expected for Russian government sector revenues and expenditures -
IMF anticipates significant slowdown in global growth next year; Russia’s recession likely to be milder than earlier expected -
BOFIT Forecast for Russia 2022–2024 is published -
“Partial mobilisation” creates confusion, markets tumble in Russia -
Russian economic trends remained stable in August -
Russia plans for federal budget deficits from 2022 to 2025 -
Russian central bank further eases monetary policy -
Government fixed investment soars in Russia as corporate fixed investment remains weak -
Russia posts another large current account surplus in August -
Russia’s federal budget revenues down in August -
Russian GDP falls, but trends vary widely across individual sectors -
Russian pipeline gas exports to EU effectively cease -
Russian economic trends seem to have stabilised in July -
Russia facing harsher economic outlook for the rest of this year -
Employment in Russia has continued to rise -
EU ban on imports of Russian coal goes into effect -
Finnish goods trade with Russia falls by half -
Russia’s federal budget sees exceptional drop in revenues in July; spending continues to rise -
CBR considers ways to support fixed investment and reduce forex dependency -
Russia seeks new oil export markets -
Russia posts declines in gas production and gas exports -
Ukrainian Black Sea grain shipments resume with UN-brokered agreement between Ukraine and Russia -
Big differences across sectoral contractions in Russia -
CBR lowers key rate further to 8 % -
Banking sector conditions stabilise in Russia -
Forecasters downgrade China’s 2022 GDP growth forecast, see high growth rates for India and predict a lower-than-expected contraction of the Russian economy -
Outlook for Russian businesses grows cloudier in June -
Partial release of balance-of-payments data gives general picture of Russia’s import decline and large capital outflows -
Russian inflation slowed slightly in June on reduced increases in prices of fruits and vegetables -
Russian federal budget revenues continue to deteriorate -
Russian GDP growth slowed in the first quarter of this year -
Russian economy continued to slide in May -
Russian ruble has strengthened substantially -
Russian government driven to technical insolvency -
G7 countries move to reduce Russian export earnings -
As the world’s largest wheat exporter, Russia plays a major role in food security of Africa and the Middle East -
Russian central bank lowers key rate to 9.5 % -
Russian government budget revenues weaken; high inflation erodes stimulus effects -
Russian imports plunge; value of exports remains high -
Russian economy began to contract in April -
EU issues a new round of sanctions for Russia -
Russian central bank further eases monetary policy -
Pensions raised in Russia to keep up with inflation -
Finnish-Russian trade contracts sharply -
The ruble continues to appreciate -
Russia’s economic downturn is felt in government budget revenues; military spending soars -
Russian oil production volumes fell in April -
Impacts of Ukraine invasion on Russia’s economy already apparent in March -
Major forecasts for the Russian economy anticipate a large contraction this year along with sharp drops in exports and imports -
CBR further lowers key rate -
Russia legitimises parallel imports of many goods as imports collapse -
Trends weakened in many branches of the Russian economy in March -
Timely CBR support measures avert banking sector panic -
Russian federal budget revenues and expenditures rise; inflation undermines purchasing power -
Russian military spending increased last year -
Capital controls enable ruble recovery -
Export earnings fattened Russia’s Q1 current account surplus; substantial capital outflows -
March PMI indicators suggest Russian economy already contracting -
No growth this year for Russia’s foreign reserves or the National Welfare Fund -
The EU and US put more economic sanctions on Russia -
Latest BOFIT forecast for Russia sees GDP contracting by 10 % this year with imports down by half -
Russian markets supported by administrative measures -
Prices continue to soar in Russia -
CBR keeps its key rate at a record high 20 % level -
BOFIT Forecast for Russia 2022–2023 is published -
Russia’s invasion also causing economic damage to Ukraine -
Russia imposes currency controls to deal with the ruble’s collapse -
Russia on shaky ground in its ability to service foreign debt -
Western countries impose more sanctions on Russia -
Russia rolls out various measures in response to Western sanctions -
No large increases in Russian government sector spending planned at the moment; budget revenues on the rise this year -
Russia sanctions affecting China as well -
Ruble and stock markets tumble on Russia’s February 24 invasion of Ukraine -
Russia’s unprovoked attack on Ukraine draws massive economic sanctions from the West -
Russia posted good economic growth in 4Q21; manufacturing particularly strong -
Central Bank of Russia tightens its monetary policy -
Strong growth in bank lending fuels Russian domestic demand -
Russia and China strive to increase their bilateral trade -
Ruble continues to weaken despite higher oil prices -
Death rate in Russia hit historical high last year; covid infections soar -
Russia’s National Welfare Fund continues to grow -
Russian markets fall as geopolitical tensions rise -
Russian export earnings and imports recovered quickly in 2021, large private capital outflows -
Russia’s foreign currency and gold reserves hit record high -
President Tokayev consolidates power in Kazakhstan -
Russian economic growth expected to slow this year -
Employment in Russia returns to pre-recession levels as unemployment drops to historical lows -
The 2021 harvest was smaller than in previous years -
Fixed investment in Russia has grown -
Russian economic growth remained brisk in October -
Moscow stock indices and oil prices still up for the year -
Russian government budget revenues and spending at high levels; deficit vanishes -
Russia approves strategy for reducing greenhouse gas emissions -
EU’s planned carbon border adjustment mechanism could cause additional costs for Russian exporters -
Topics at BOFIT 30th Anniversary Conference include central bank digital currencies and the impacts of sanctions on foreign trade -
Russia’s economic growth has continued, though slowing a bit -
Russian bank lending remains strong -
Russia launches action plan until 2025 under its programme of population policy -
CBR raises again key rate as inflation climbs; releases updated growth forecast -
With covid cases soaring, Russia implements short partial lockdowns on several parts of the economy -
Russia's development plans are complemented with strategic initiatives -
Commercial banks participating in CBR’s digital ruble pilot trial -
Russian export earnings near all-time highs; capital outflows increase -
Russian fixed investment bounces back after the Covid Recession -
Russia’s government budget expected to show surpluses as efforts are ahead to slow spending growth -
Russia approves anti-corruption plan for 2021−2024 -
Few surprises in Duma election -
Prices of oil and other major Russian export commodities up sharply; ruble barely appreciates -
Construction work on Nord Stream 2 gas pipeline finishes up -
Finnish-Russian trade stages a comeback in the first half of this year -
Latest BOFIT Forecast for Russia sees moderate growth ahead, large risks persist -
CBR raises key rate again; monetary policy guidelines for 2022–2024 announced -
Fixed investment increased in Russia, government plans funding for investment projects -
Russia and Belarus agree on deeper economic integration -
BOFIT Forecasts for Russia and China 2021–2023 -
Russian economic recovery begins to cool -
Russian pensioners and select public sector workers receive notable one-time stimulus payments this month -
Bulls run at Moscow Exchange -
Panel discussion at Turku Europe Forum 2021 examines EU-Russia economic relations -
Russian GDP back to pre-covid levels -
Russian exports take off with recovery in global demand for raw materials -
Russian government budget revenues rise, spending growth slows and budget deficit shrinks -
New sanctions on Belarus foreign trade -
CBR continued to tighten monetary policy in July -
Russian economy has recovered from last year’s recession, but pace of recovery varies considerably across branches -
International Monetary Fund predicts high economic growth this year for rich economies and tepid growth for many emerging economies -
Russia’s foreign goods trade recovered; corporate capital outflow rose -
National Welfare Fund stabilises at 12 % of GDP -
Surveys published by Russia’s Commissioner for Entrepreneurs’ Rights show low confidence in safety of the local business environment -
OPEC+ group agrees on raising crude oil production ceilings; markets down on new information about spread of coronavirus delta variant -
Despite this year’s sharp rise in oil prices, ruble sees only marginal appreciation -
Russia’s speedy economic recovery pushes up prices and wages -
Russian government works on changes in taxes next year and price controls -
Covid case numbers rising in Russia; officials struggle with vaccine hesitancy -
Significant differences in pace of development in various sectors of the Russian economy -
April output exceeded pre-covid levels in many Russian branches -
Developments in industry, trade and fixed investment vary across Russia -
National Welfare Fund divests its dollar assets -
Russian economy continues to recover -
Robust growth in Russian goods imports -
Government sector revenues in Russia have turned to rise, spending growth still brisk even if strong stimulus behind -
Covid crisis reduces Russian real incomes to lowest level in a decade -
Rapid housing loan growth in Russia continues -
Corporate profits return, with differences across sectors in Russia -
New US sanctions reduce presence of foreign investors in Russia’s bond market -
Recovery of Russian economy continues -
Russian CBR hikes key rate again -
Defence spending rose yet again last year -
Russian GDP contracted by 3 % last year; domestic demand revived in second half -
Russian foreign trade further on path to recovery, capital flows dwindle -
Geopolitical concerns weigh on ruble exchange rate -
Russia hopes to attract investment in the Arctic territory -
CBR raises key rate to 4.5 % -
Russia has enjoyed relatively stable economic conditions during the first two months of this year -
National Welfare Fund assets invested in yuan-denominated debt securities -
Russia shows cautious interest in green financing -
BOFIT Forecast 2021−2023 for Russia sees recovery amid exceptionally large risks -
Russia records huge mortality increase in 2020 -
Russia expands price monitoring significantly; food prices under pressure to rise -
Russian and Chinese arms exports decline -
BOFIT Forecasts for Russia and China 2021–2023 -
Fixed investment in Russia recovered in late 2020 -
Russian oil production and exports contracted sharply last year -
Production and exports of natural gas declined last year -
Finnish trade with Russia collapsed last year -
Latest economic data for Russia looks promising -
Even with domestic demand and imports plunging, the Russian economy contracted less than expected in 2020 -
Russian agriculture enjoys another year of growth -
Russian banking sector enjoyed brisk growth last year -
Gradual recovery in Russian foreign trade continues, capital outflows rise -
At close to $600 billion, Russia holds the world’s fourth-largest foreign currency and gold reserves -
Moscow stock exchange made gains in second half of 2020 -
National Welfare Fund again close to 12 % of Russian GDP -
Robust third-quarter recovery in private consumption last year, Russian fixed investment contracted -
While consumption fell, Russian economic indicators generally point to recovery in November -
Central Bank of Russia kept key rate unchanged -
Russian GDP contracted in the third quarter in annual terms, but growth varied considerably across branches -
Russia imposes price controls in response to rising prices on certain food items -
Number of banks operating in Russia still declining, but not as fast as earlier -
Russia seeks to renegotiate tax treaties -
Russia’s economy weakened in October -
Russian government support has helped move fixed investment towards recovery, outlook remains unsure -
Number of confirmed covid-19 cases continues to grow; only moderate tightening of restrictions -
Russian GDP contracted by 3.6 % in the third quarter -
Russian goods trade has recovered in recent months -
Pandemic halts growth of Russian insurance markets -
Russia-US economic relations unlikely to improve under the new US administration -
Large domestic interest in Russian government bonds -
Covid-19 cases continue to rise in Russia, consumers increasingly cautious -
Central Bank of Russia keeps its key rate unchanged -
Russian government limits the fall of household incomes with social assistance and higher wages -
Russia’s economic recovery slowed in September -
Even confirmed coronavirus infections soar in Russia, officials remain cautious about imposing new restrictive measures -
Signs of recovery in Russian foreign trade, capital outflows rather large -
Rising uncertainty drove ruble depreciation in September -
Covid-19 subdues private consumption in Russia -
Russia to rein in government budget spending in coming years to deal with deficit -
Russia to impose bans on raw wood exports -
Latest BOFIT forecast sees Russian economy returning to modest growth next year -
Recovery of Russian economy moderated in August -
Central Bank of Russia keeps its key rate unchanged; previews monetary policy guidelines for 2021–2023 -
Covid-19 crisis has increased broad unemployment and part-time employment in Russia -
BOFIT Forecasts for Russia and China 2020–2022 -
Russia’s National Welfare Fund swells; CBR forex and gold reserves hit record high in August -
Even with stabilisation of oil prices, the ruble has lost value in recent months -
Russian government spending cushions fixed investment decline -
Finnish-Russian trade plummeted in second quarter -
Russian economy continued to recover in July -
Russian government budget revenues decline precipitously, spending soars -
Subsidy programmes and rate cuts support bank lending in Russia -
State support scheme boosts demand for new housing loans in Russia -
Sharp second-quarter contraction in Russian GDP -
Signs of growth in Russian goods trade -
Russia prepares to introduce new measures favouring domestic producers -
Declines in industrial output vary across Russian regions; retail sales making comeback from depths -
Russian central bank again lowers its key rate -
Russian economic decline started to slow in June -
Russian manufacturing on the road to recovery, while extractive industries remain in a deep slump -
Russian firms suffering major profitability drops this year -
Russian export earnings and imports decrease sharply; net capital outflow moderate -
Russia’s federal budget revenues declined especially in May and June, but spending climbed up -
Increase in debt restructuring and postponed repayment of corporate loans in Russia -
Russian firms give low marks to government agencies with respect to business environment improvement -
Russia's constitutional reforms gained majority support in referendum as expected -
Russian economic trends remained weak in May -
CBR lowers key rate by 100 basis points -
Slight downward revisions in forecasts for Russia’s economy in 2020 -
Price of Urals oil and Russian ruble continue to strengthen -
CBR now publishes the RUONIA rate -
Rising unemployment in Russia -
While FDI inflows to Russia grew last year, they will likely contract sharply this year -
Ukraine gets new 18-month IMF loan -
Prime minister Mishustin lays out Russia’s road to economic recovery -
After posting awful April economic numbers, Russia bounced back a bit in May -
Bank lending growth slows in Russia -
Finnish-Russian trade dips in first quarter -
Russian GDP grew by 1.6 % in the first quarter -
Oil market price volatility calms a bit -
Shifts in revenues and expenditures eat away Russia’s federal budget surpluses -
After relatively robust first-quarter performance, Russia experiences collapse of industrial output and consumption in April -
CBR lowers key rate -
Russia’s government spending to be stretched by economic support measures -
Rapid growth last year in military spending of Russia and China -
Russia tightens measures to slow spread of coronavirus -
Ruble exchange rate fluctuations in recent weeks fairly muted compared to the huge swings in oil prices -
Russia’s inflation tick-up may be fairly transient -
Rosneft divests its holdings in Venezuela to avoid US sanctions -
After a selective start, Russia moves to beef up economic support -
Oil prices, ruble and Moscow stock exchange all down; CBR holds key rate unchanged -
BOFIT Forecasts for Russia and China 2020–2022 -
Oil price collapse drives down ruble and Russian stock markets -
Russia’s proposed constitutional amendments allow president Putin to remain in power -
Russian inflation remained moderate -
Russian government sector spending increased rapidly last year; oil price drop changes outlook -
Finnish-Russian trade performed modestly last year -
Central Bank of Russia to sell its controlling stake in Sberbank to the finance ministry -
Sluggish trends in Russian goods trade last year -
Russian crude oil production hits record levels -
LNG drives growth in Russian natural gas production -
Effects of the coronavirus on the Russian economy remain limited for now -
Monetary policy easing continues in Russia -
Rosstat reports Russian GDP up 1.3 % in 2019; revises figures for previous years -
Slightly lower growth in Russian bank lending -
New Russian government to focus on social issues and national projects -
Tepid performance for Russian foreign trade in 2019; capital flows closer to balance -
Russia and Ukraine reach agreement on transit fees for natural gas -
Russian president holds annual state-of-the-nation address; government resigns unexpectedly thereafter -
Ruble appreciation continues in the first two weeks of this year -
Russian oil fund’s assets doubled last year -
Oil revenues also boost Russia’s foreign currency and gold reserves -
Rosstat predicts a decline in Russia’s population over the next two decades -
Russia posts sluggish 2019 growth performance -
Critical reports from Accounts Chamber on economic forecast that forms basis for Russia’s government budget projections generate questions about budget expenditures -
Sanctions continue to overshadow Russia’s relations with the West -
Bank of Russia cuts key rate again -
Recovery in Russian fixed investment remains slow -
Survey paints dreary picture of Russian business conditions -
OPEC and Russia agree on further cuts in oil production -
While Russian officials wish for public spending to spur economic growth, experts remain sceptical -
Russia and China rise in World Bank rankings; unchanged in WEF rankings -
Russia commences pipeline transmission of natural gas to China -
First highway bridge across the Amur river joining Russia and China is finally ready -
Small recovery in Finnish exports to Russia -
Russian economic growth remained moderate in October -
Russian gas giant Gazprom share package to unknown buyer -
Global energy market trends not expected to cause big changes for Russia in near term -
Growth in Russian government sector spending accelerates -
Capital amnesty law put to a test in Russia -
Russia brings in a hearty harvest -
Russian economic growth accelerated -
Russian stock exchange on the upswing -
Russian foreign trade development remains muted -
Russia prepares new measures to support firms subject to Western sanctions -
Final construction permit issued for Nord Stream 2 pipeline -
CBR issues monetary policy guidelines for 2020−2022 -
Russia hosts African leaders at first Russia-Africa summit -
Central Bank of Russia lowers key rate -
Russia’s foreign debt increased slightly this year -
New information about Russia’s military-industrial complex and its bank debts -
IMF lowers growth forecast for global economy -
Russian imports on the rise; modest capital flows -
Report finds that one in three Russian workers involved in informal employment -
Russia’s foreign currency reserves swell to highest level in years -
Russia and Turkey want to increase bilateral use of their currencies -
Russia ratifies Caspian Sea accord -
Monitoring of partially completed fixed investments in Russia is difficult -
BOFIT’s latest forecast sees Russian economic growth falling to 1 % this year -
Stimulus included in Russia’s 2020−2022 government sector budget framework -
BOFIT Forecasts for Russia and China 2019–2021 -
Russia announces ratification of the Paris climate accord -
Russia discusses how to invest government reserve fund assets -
Chinese premier talks up trade during his Russia visit -
Lower growth in Russian construction activity -
Russian competition bureau has plenty on its plate -
Russia and Belarus discuss deeper economic integration -
Russia’s central bank lowers key rate and revises forecasts downwards -
Ruble rate and oil prices weaker after strong performance early in the year -
Russian and Indian leaders meet to discuss economic relations -
Russian fixed investment developments vary across sectors -
Russia streamlines visa rules -
Finnish-Russian trade remains sluggish -
Implementation of Russia’s national projects plods ahead -
UNCTAD’s estimate of ultimate sources of foreign direct investment emphasises Western investment in China and Russia -
Russia’s economic growth remained slow -
Russia’s goods trade stays rather flat -
Moderate rise in Russian government spending -
US imposes new sanctions on Russia -
Kremlin imposes strict economic targets on regional leaders -
IMF Article IV consultation reiterates calls for Russia to maintain economic stability and move on reforms -
Russia moves its large excess oil tax revenues from 2018 into the reserve fund -
Russia continues to accumulate foreign currency reserves -
Recent studies examine transport projects in Central Asia -
CBR again lowers key rate and forecasts moderate inflation -
Russia tries to promote the ruble by easing the repatriation requirement for export earnings -
Russia has a large, but relatively poor, middle class -
International Monetary Fund lowers growth forecast for Russia -
Russia posts tepid first-half growth -
Significant economic differences across Russia’s cities with populations of more than one million -
Russian federal budget produces strong first half surplus -
Druzhba pipeline again operating at full capacity since July -
Russia’s contribution to global oil, gas and coal production held steady last year -
Russian economic growth driven almost exclusively by private consumption -
Russian foreign trade contracts slightly -
Increase in outflows of private capital from Russia -
Russia’s population declines, greys and increasingly packs into cities -
OPEC+ keeps production ceilings in place -
Russian first-quarter growth supported by extractive sector and certain service-sector branches -
Russia tries to strengthen import substitution policy -
Russia suspends flights to Georgia after July 8 -
Central Bank of Russia lowers key rate -
Rapid expansion of Russian consumer borrowing raises concerns -
Russia’s labour force shrinks along with unemployment -
Statistical reforms provide improved picture of Russian household spending -
Chinese and Russian presidents extol good economic relations at St. Petersburg economic forum -
Kazakhstan’s acting president Tokayev wins presidential election -
Russian share prices up this year; substantial growth in bond markets -
Fewer sectors in Russia targeted for direct investment from abroad -
Intra-elite competition increasingly reflected in institutional behaviour in Russia and the economy more broadly -
Changes in the country structure of Russian inward and outward foreign direct investment -
Russian expenditure on travel services abroad grew slightly last year -
Russian first-quarter economic growth well below expectations -
Tainted oil fouls Druzhba oil pipeline -
Russia’s hydrocarbon-centric energy security doctrine stresses import substitution -
Sluggish growth in Russian foreign trade -
Dollar remains the dominant billing currency in Russian foreign trade -
Difficult to form a full picture of Russia’s sizeable public sector procurements -
Russian defence spending large, even after declines -
Russian services trade grew last year -
Progress in two natural gas transhipment terminals in Russia’s Arctic and Pacific coasts -
Russian budget surplus expected to shrink in the next few years -
Little progress in reducing poverty, even as Russian living conditions generally improve -
Russian president tours East Asia -
Steady rise in Russian industrial output -
Recent restrictions on Russian trade add to challenges facing Ukraine’s new leadership -
Direct investment outflows from Russia remain significantly larger than FDI inflows -
Revenue boom of Russian federal budget begins to normalise -
Russian spending on private insurance increases -
Russian export earnings rather flat; recovery in imports continues to stall -
Russian growth in the past couple of years driven largely by extractive sector, trade and public administration -
Russia’s car manufacturing industry continues to recover -
Russia strengthens its position as China’s biggest oil supplier -
New data on last year’s improved performance of Russian economy -
Russia’s national ecology project addresses a range of environmental issues -
New bridges across Amur River are set to open soon -
President of Kazakhstan resigns -
Russia actively engages in trade with its neighbours -
BOFIT forecast sees lower growth of Russian economy ahead -
Growth in Russian industrial output revived in February -
Rapid growth in use of payment cards in Russia -
Recovery in Russian fixed investment continued in 2018 -
Finnish exports to Russia slackened last year -
Growth in Chinese and Russian arms exports lags growth of other major arms suppliers -
BOFIT Forecasts for Russia and China 2019–2021 -
Russian government sector finances improved further last year -
Nord Stream 2 gas pipeline construction continues; EU reaches preliminary agreement on gas directive changes -
Credit rating agency Moody’s upgrades Russian sovereign debt -
Russian population declines slightly in 2018 as immigration flows drop considerably -
Corruption dies hard in Russia -
Russian government releases new guidelines for national projects -
Russia last year produced and exported more gas and oil than before -
Russian retail sales up overall, but growth has slowed in recent months -
Russian inflation accelerates slightly in January -
Growth in Russian household borrowing accelerated in 2018 -
Russia’s goods trade surplus last year was larger than before -
Russian economy’s growth rate accelerated in 2018 -
Higher oil prices boost surplus of Russian federal budget -
Russian real disposable income still well below 2014 level -
United States Treasury lifts sanctions on Russian aluminium giant Rusal -
Russian industrial output grew at a moderate pace last year -
Central Bank of Russia resumes forex-buying mandated by fiscal rule -
Venezuela causes headaches for China and Russia -
Russian export earnings up significantly in 2018 -
Russian foreign debt declined last year -
Topics at Moscow Gaidar Forum feature future economic growth and national projects -
Russian oil fund shrank in 2018, but central bank foreign currency reserves grew -
Consumer price inflation accelerated in Russia -
Rosstat released revised figures for GDP and domestic demand in 2016 and 2017 -
United States moves ahead on dismantling sanctions on aluminium giant Rusal -
In Russian corporate debt increases have occurred in interfirm trade credits -
Continued low growth forecast for Russian economy this year -
State banks dominate Russian banking sector -
Moscow stock exchange’s dollar-denominated RTS index declined 8 % last year -
Modest growth in Russian industrial output continues -
CBR raises key rate and announces resumption of the fiscal-rule forex buying in January -
Russia and OPEC agree on new production limits -
The third unit of the natural gas liquefaction plant in Yamal went into operation in November -
Ruble rate holds steady despite falling oil prices and Kerch Strait skirmish -
Russia approves 2019 federal budget and social fund budgets -
Dry summer reduces Russian harvest -
Robust increase in Russian government revenues, substantial budget surpluses -
A fifth of foreign debt of Russian banks and other businesses denominated in rubles -
Russian economic growth slows in the third quarter, with signs of a possible pick-up in October -
Price regulation disrupts Russian fuel markets -
Russia and Turkey celebrate progress in Black Sea gas pipeline project -
As the ruble weakens, Russian import spending growth lags export earnings growth -
Significant drop in oil prices could lead to new production limits -
CBR’s monetary policy programme for 2019−21 sees good bank liquidity ahead -
National Welfare Fund holds 76 billion dollars; assets expected to rise before the end of the year -
Wage growth varies considerably across sectors in Russia -
Russia’s ranking improves slightly and China’s considerably in World Bank’s Doing Business index -
Central Bank of Russia keeps key rate at 7.50 % -
Higher export prices drive up industrial producer prices in Russia -
Eurasian Economic Union is taking steps to harmonize external tariffs and lower internal barriers -
Russian unemployment falls and wages continue to rise; real incomes contracted in August-September -
Russia was ranked the 43th most competitive country by the World Economic Forum this year -
IMF estimates that the government sector and public sector firms account for a third of Russia’s GDP -
Net exports lifted Russian economic output numbers in the second quarter; domestic demand slack -
The role of the US dollar as a payment currency is under discussion in Russia -
Poor health lowers Russia’s ranking in human capital comparisons -
IMF expects only modest Russian growth in coming years; decelerating growth in China -
Growth in Russian imports stalls; capital outflows increase -
FIFA World Cup boosted Russia’s tourism exports in summer -
BOFIT forecasts low growth for the Russian economy in coming years -
Russian oil production hits peak in September -
Retirement age hike approved in Russia -
Russian industrial output and retail sales continue relatively strong growth in August -
Growth in Finnish-Russian trade subsides -
CBR raises the key rate by 0.25 percentage points and prolongs the suspension of currency-buying under the fiscal rule through December -
IMF’s annual Article IV consultations with Russia stress ongoing need for reform -
Russia’s fourth large natural gas liquefaction unit started production -
Russian oil companies see major improvements in earnings -
Russian state plays an ever-increasing role in directing investment -
Russian oil production expected to increase slightly in coming years -
Changes in structure of fixed investment in Russia -
Russia modifies rules on repatriation of foreign trade earnings -
Russian export volumes up significantly in recent years -
Russia's public finances in overall balance -
CBR suspends foreign currency purchases tied to the fiscal rule until the end of September -
Caspian Sea states make progress in jurisdiction of territorial waters -
Russian economic growth remains sluggish -
Tax code revisions impact Russia's oil sector -
Russia approves changes in taxation on consumption and corporations -
Ruble struggles and Russian share prices slide as US adds sanctions, oil prices fall and emerging markets face problems -
Higher oil prices drove growth in earnings from Russian goods exports in first half -
Nationwide increases of manufacturing output and retail sales in Russia -
Russia approves laws establishing domestic tax havens -
Russia rises to 75th place in the World Bank's logistics performance ranking for 2018 -
Russian central bank still keeps key rate unchanged at 7.25 % -
Oil revenues continue increasing for the Russian government -
Household borrowing up in Russia -
Russian Megafon plans to delist from London stock exchange -
Russia's near-term plans for government sector finances taking shape -
Changes in financing of Russian housing construction -
Russian economy continues mixed performance -
Russian and U.S. presidents met in Helsinki -
FIFA World Cup provides small boost to Russian economic growth -
Russian import growth slows further; net flow of foreign liabilities turns negative -
Russian inflation remains subdued, but inflation expectations are rising -
Large hikes in revenue and spending of Russia's preliminary budget framework -
Russian oil fund topped up with last year's oil revenues -
CBR injects more money into troubled banks -
Revised Rosstat figures give a significantly brighter view of recent industrial output growth -
Slow recovery in Russian consumption continues; good increases in industrial output -
OPEC and Russia agree to keep production pact in place -
Recent Russian market swings fairly modest compared to other emerging markets -
CBR keeps key rate unchanged, tightens guidance -
Russian government submits proposals to the Duma on raising the retirement age and VAT hike -
Russian president visits China -
Changes is Russia's currency reserve composition -
FDI inflows to Russia remain at low levels -
Russian fixed investment continue reasonable recovery, with further weight on oil and gas -
Russia's goal of halving poverty would not require massive amounts of funds -
Growth in Finnish-Russian trade cooled in 1Q18 -
Russia's government sector deficit shrinks, the reserve fund will increase -
EU and Gazprom resolve long-running gas dispute -
Russia to require unique identifiers for many consumer products next year -
No large economic policy changes expected from Russia's new cabinet -
Reasonable recovery in Russian domestic demand; growth in output slower -
Russian Duma approves new counter-sanctions bill -
American sanctions affecting Russian firms -
Price tags on Putin's new economic initiatives revealed -
Rapid growth in Russian goods trade continued in first quarter -
Growth of Russia's defence industry slowed last year -
Putin's newest May Decree sets out typical government target and task list through 2024 -
Sale of Rosneft stake to CEFC cancelled -
Foreign bank lending to Russia has declined notably -
Russian central bank keeps the key rate unchanged at 7.25 % p.a. -
Russian defence spending declines, but remains substantial -
Russian tourism abroad up in 2017 -
Russian government receives abundant excess oil revenues -
Proposal on stricter import control for Russian state-owned enterprises -
Russian household consumption recovers -
Russia's economic recovery stumbles again -
Russia and the US holding off on new sanctions -
IMF expects the Russian economy to grow by 1.7 % this year -
Russian markets dive after US imposes more sanctions -
Russia's import recovery slows; outflows of private capital increase slightly -
Russian natural gas production grew briskly last year -
More light on developments in the Russian economy last year -
Russian central bank plans to start "bad" bank -
Profits of Russian firms have supported out-of-pocket funding for investments; bank borrowing has been low -
Muted market reaction in Russia to expulsion of Russian diplomats -
Central Bank of Russia lowers key rate by 0.25 % and signals plans to keep cutting -
Russian oil production expected to remain at current levels also this year -
Uneven development in Russian regions last year -
Russia and China score low in the OECD services trade index -
Russian investments focused increasingly on oil & gas last year -
CBR prepares strategy paper on improving access to banking services in 2018–2020 -
Gas dispute between Russia and Ukraine continues to flame -
Strong growth in Finnish-Russian trade -
Russia's fiscal sector strengthened in 2017 -
Russian retailer Magnit sold to state-owned bank VTB -
Russia loses more educated people than receives -
CBR lowers key rate; oil, ruble and stock markets down in recent weeks -
Machinery, equipment and vehicles drove the growth of Russian goods trade -
Wide variations in Russian manufacturing branches last year -
Russian economic recovery slow last year -
Role of the Russian state in banking sector continues to expand -
Fast growth in household lending in 2017 -
Primary production up in Russia; manufacturing hardly at all -
US refrains from imposing new sanctions on Russia, but Power Machines goes on the sanctions list -
Sharp drop in births in Russia -
Relatively slow growth outlooks for Russian economy -
Improved Russian federal budget performance; deficit shrinks -
Russian foreign trade continues to recover; capital outflows up slightly -
Concerns over Russia's regional budget deficits -
Russia depletes its second oil fund -
State gives small income hikes and tiny tax reliefs to Russians -
Sistema to pay damages to Russian oil giant Rosneft in Bashneft deal -
Ruble rise halted in 2017 -
Russia doubles oil pipeline transmission capacity to China -
Uneven growth outlooks for countries in CIS region -
Russian industrial output decreased; consumption continues to make a comeback -
Another cut in the key rate from the CBR -
CBR takes over Promsvyazbank -
Alexei Ulyukayev, Russia's former economy minister, convicted of soliciting bribes -
Strict 2018 spending rules approved for Russia's federal budget and pension fund -
CBR becomes sole owner of Otkritie Bank -
Russia reaches agreement with OPEC and other oil-producing countries on keeping cuts in place -
The fastest recovery phase for Russia's government budgets is over -
Finland at 100: Finnish-Russian trade recovering, while Russia's share of exports is low compared to history -
Recovery in fixed investment in Russia slows -
Russian FDI on the rise -
Recovery in Russian output stalls -
Russia posts record grain harvests -
Proposed changes to Russian legislation could reduce economic transparency -
Russian GDP growth slows -
Slowing growth in Russian foreign trade -
State enterprises and the state may generate around 40 % of Russian GDP -
Brisk rise in Russian industrial producer prices -
CEFC China Energy actively investing in Russia, but goods trade remains the focus of economic relations -
Russian central bank continues accommodating monetary policy -
United States revises its economic sanctions regime for Russia -
Nearly a fifth of Russian workers classed as working poor -
Russia posts uneven economic performance in September -
Changes planned for Russian public sector spending structure already next year -
Russia wants to spur e-commerce -
Russian export earnings and imports continue to recover rapidly, even if the fastest pace has slowed -
Moderate net outflow of private capital from Russia -
Russian GDP forecasts increased in recent months -
Russian inflation hits historical lows -
Russia's public sector finances recover this year; tightening expected next year -
Much of Russia's GDP growth spurt last spring came from inventories -
CIS countries have had to relax foreign exchange policies in recent years -
BOFIT sees Russian economy continuing moderate growth in coming years -
Russia has plenty of college graduates, but spends little on education -
Russian economy showing more signs of recovery -
B&N Bank now under CBR administration -
CBR lowers key rate; announces around 4 % inflation target for coming years -
Chinese CEFC to acquire 14 % stake in Russian oil giant Rosneft -
Impact of support measures for Russian monotowns hard to determine -
Corporate profits in Russia decline to more conventional levels -
Rapid growth in Finland-Russia trade -
Trade with North Korea has little economic significance for China and Russia -
Central Bank of Russia takes over Otkritie Bank -
Recovery in Russian fixed investment -
Russia lowers import duties under its WTO commitments, while devising new barriers to imports -
Russia's industrial output recovery varied boldly in recent months -
Recovery of Russian government budget revenues has brought rebalance -
Russia's regional budgets and social funds benefit most from recovery in government budget revenues -
Russian growth accelerates -
Moscow launches ambitious housing programme -
Wages in Russian industry recover to pre-recession top levels -
Brisk growth in Russian goods trade continues -
Russia has the most barriers to trade for European exporters -
Industrial output in Russian regions rises, while consumption gradually recovers -
Russian central bank keeps key rate unchanged -
Number of employed all-time high in Russia -
Trump signs new Russian sanctions bill -
Increase in area of land classed as Russian arctic – with much less budget funding -
Russian economy gradually recovers -
High variation in growth trajectories among Russia's manufacturing branches -
Russia releases 2011–13 GDP figures produced with new methodology -
New Russian budget rule frames government spending; sovereign funds to be combined -
This year's IMF Article IV consultation provides important recommendations to Russia -
Russian federal budget revenues and spending recover, but are still at a low level -
Russia’s deposit insurance agency is given the administration of Yugra Bank -
Capital outflows from Russia paused -
Recovery in Russian export earnings and imports continued in second quarter -
EU and Russia extend sanctions -
Russia's finance ministry proposes continuing the pension funding practice of last years -
Life expectancies in Russia up sharply, but gap between men and women remains huge