BOFIT Weekly Review

BOFIT Weekly Review includes once a month a general overview of the macroeconomic situation in Russia and China, while other issues delve into specific economic topics related to Russia, China or emerging economies.

Editor-in-Chief: Heli Simola. Email: heli.simola(at)bof.fi

The information is compiled and edited from a variety of sources. The Bank of Finland assumes no responsibility for the completeness or accuracy of the information, and opinions expressed do not necessarily reflect the views of the Bank of Finland.

2023

29 Sep 2023 BOFIT Weekly Review 2023/39
- Russia plans for increased government spending, tighter monetary policy

22 Sep 2023 BOFIT Weekly Review 2023/38
- No slowdown in Chinese growth in August
- New Delhi summit winds up India’s G20 presidency

15 Sep 2023 BOFIT Weekly Review 2023/37
- Latest BOFIT forecast sees Russian GDP growing this year, but sustaining growth will be difficult

8 Sep 2023 BOFIT Weekly Review 2023/36
- China using many small measures to support the economy
- People’s Bank of China gets new governor

1 Sep 2023 BOFIT Weekly Review 2023/35
- Russian growth supported by increased bank lending and heavy public spending

25 Aug 2023 BOFIT Weekly Review 2023/34
- China posts modest July growth numbers; problems persist in real estate sector

18 Aug 2023 BOFIT Weekly Review 2023/33
- Ruble plummets as Russia’s current account surplus evaporates

11 Aug 2023 BOFIT Weekly Review 2023/32
- Economic growth in provinces of central and southern China lower than in the rest of the country
- China’s large current account surplus persists; capital outflow continues

4 Aug 2023 BOFIT Weekly Review 2023/31
- Russian production and imports recovered, government still posts large deficit

28 Jul 2023 BOFIT Weekly Review 2023/30
- Economic growth in China slowed in the second quarter of this year
- IMF raises its forecast for global economic growth

21 Jul 2023 BOFIT Weekly Review 2023/29
- Yuan’s role in Russia’s foreign trade continues to grow

14 Jul 2023 BOFIT Weekly Review 2023/28
- China’s central bank ongoing digital yuan pilot project enters its fourth year
- Indian economy remains on a balanced growth path

7 Jul 2023 BOFIT Weekly Review 2023/27
- Despite signs of economic recovery, imbalances in the Russian economy continue to grow

30 Jun 2023 BOFIT Weekly Review 2023/26
- China’s economic performance showed no clear signs of improvement in May; lacklustre performance reflected in financial markets

22 Jun 2023 BOFIT Weekly Review 2023/25
- Significant weakening of Russia’s government finances

16 Jun 2023 BOFIT Weekly Review 2023/24
- People’s Bank of China eases monetary stance as economic recovery remains more sluggish than expected
- Hong Kong economy recovering from a tough year, but much depends on external factors

9 Jun 2023 BOFIT Weekly Review 2023/23
- Output in most branches of the Russian economy still below pre-invasion levels

2 Jun 2023 BOFIT Weekly Review 2023/22
- Chinese foreign direct investment declined last year, particularly in the US and Europe
- China’s global car exports boom

26 May 2023 BOFIT Weekly Review 2023/21
- Russian first-quarter GDP contracted by 2 % on year

19 May 2023 BOFIT Weekly Review 2023/20
- Strong annual growth numbers hide China’s April slowdown

12 May 2023 BOFIT Weekly Review 2023/19
- Despite falling inflation, inflation risks in Russia continue to mount

5 May 2023 BOFIT Weekly Review 2023/18
- China-Russia trade continued to strengthen in first quarter of this year
- China sees overseas lending risks materialise during Covid-19 pandemic

28 Apr 2023 BOFIT Weekly Review 2023/17
- Russian industrial output grew in March; detailed 2022 GDP data released

21 Apr 2023 BOFIT Weekly Review 2023/16
- China’s growth picked up in the first quarter as the economy reopened; BOFIT expecting relatively strong growth for the year

14 Apr 2023 BOFIT Weekly Review 2023/15
- Russian exports down, imports up in first quarter

6 Apr 2023 BOFIT Weekly Review 2023/14
- Chinese inflation remains remarkably low
- 2022 was a mediocre year for China’s banking sector

31 Mar 2023 BOFIT Weekly Review 2023/13
- No signs of improvement for the Russian economy

24 Mar 2023 BOFIT Weekly Review 2023/12
- China sees cautious signs of reviving growth in the first two months of this year

17 Mar 2023 BOFIT Weekly Review 2023/11
- Russian government spending on investment rose sharply during the war, mixed performance in other investment

10 Mar 2023 BOFIT Weekly Review 2023/10
- China’s National People’s Congress convenes to approve policy agenda, targets, administrative reforms and budget
- Finland’s trade with China last year slightly underperformed Finnish foreign trade overall

3 Mar 2023 BOFIT Weekly Review 2023/09
- Russia’s economic contraction last year mitigated by government spending

24 Feb 2023 BOFIT Weekly Review 2023/08
- End of zero-covid policies boosts consumer confidence in China

17 Feb 2023 BOFIT Weekly Review 2023/07
- Government support keeps banking sector stable in first year of war

10 Feb 2023 BOFIT Weekly Review 2023/06
- China relaxes regulation of the real estate sector and provides additional stimulus
- Sharp drop in building construction continued, while infrastructure construction saw high growth

3 Feb 2023 BOFIT Weekly Review 2023/05
- Ukraine’s economy shrank by about a third last year

27 Jan 2023 BOFIT Weekly Review 2023/04
- Chinese economy struggled last year

20 Jan 2023 BOFIT Weekly Review 2023/03
- Russia’s government spending soars while war and sanctions caused various government sector revenue categories to tumble

13 Jan 2023 BOFIT Weekly Review 2023/02

5 Jan 2023 BOFIT Weekly Review 2023/01
- Russian economy likely to remain in recession throughout 2023