Chinese GDP growth remains steady
Chinese GDP growth remains steady China’s National Bureau of Statistics reports that third-quarter real GDP growth was 6.8 %, barely changed from 6.9 % in the first half. Prices this year have risen ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Central Bank of Russia tightens its monetary policy
Russia Central Bank of Russia tightens its monetary policy To tame high inflation, the Central Bank of Russia (CBR) on February 11 raised its key rate by 100 basis points to 9.5 %. The rate hik...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Yuan now the top international payments currency in Asia
Yuan now the top international payments currency in Asia SWIFT, the international provider of information services for the financial sector, reports that in April the yuan became to most-used curren...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
China’s finance ministry expects low government revenue growth this year
China’s finance ministry expects low government revenue growth this year Before adjourning last week, the National People’s Congress approved the realised 2023 budget and finalised the 2024 central g...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Russian unemployment falls to record post-Soviet low
Russia Russian unemployment falls to record post-Soviet low Russian unemployment was already low, with nearly all skilled workers having jobs prior to the invasion of Ukraine. Labour demand started ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
China’s current account surplus hit an all-time high last year; net outflow of capital from China gathered strength
BOFIT Weekly Review,China China’s current account surplus hit an all-time high last year; net outflow of capital from China gathered strength Balance-of-payments figures from China’s State Administr...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2026
Russia has yet to see clear upturn in business cycle
Russia has yet to see clear upturn in business cycle Key economic indicators for June and July failed to show a distinct uptick in the Russian economy, even if positive growth is clearly taking hold ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
China’s public sector deficit shrank last year
China China’s public sector deficit shrank last year China’s finance ministry reports that the combined budget revenues of central and local governments rose by over 10 % y-o-y last year in nom...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
IMF raises its forecast for global economic growth
world economy IMF raises its forecast for global economic growth In its latest World Economic Outlook released this week, the International Monetary Fund now sees annual global growth reaching 3.0&#...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
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
Industry drives China’s recovery
China Industry drives China’s recovery China has gradually eased its coronavirus-related restrictions on movement and activities, declaring the entire country as low-risk for contraction of COVID-19...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
End of zero-covid policies boosts consumer confidence in China
End of zero-covid policies boosts consumer confidence in China It has been about two months since China abandoned it strict zero-covid suppression policies. Because China releases most of its economi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Chinese May industrial output growth low by historical standards
China Chinese May industrial output growth low by historical standards The China National Bureau of Statistics reports that the country’s on-year growth in real industrial output slowed from 5.4...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Environmental problems constitute a huge burden on the Chinese economy
Environmental problems constitute a huge burden on the Chinese economy Environmental problems constitute a huge burden on the Chinese economy Air pollution puts a significant strain on China's e...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Corporate profits return, with differences across sectors in Russia
Russia Corporate profits return, with differences across sectors in Russia There has been a strong rebound in net profit of Russia’s corporate sector after last spring’s sharp decline that resembled...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
India’s economic growth slowed by nearly a third last year
India,economy,BOFIT Weekly Review India’s economic growth slowed by nearly a third last year India’s latest annual national accounts statement estimates that real GDP grew by 6.5 % during fiscal yea...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Latest BOFIT forecast sees continued slowdown in China’s growth in coming years
Latest BOFIT forecast sees continued slowdown in China’s growth in coming years As in our earlier forecasts, the latest BOFIT Forecast for China 2015–2017 sees GDP growth this year still near 7 % p.a...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Hong Kong’s dual crises: one economic, the other political
China Hong Kong’s dual crises: one economic, the other political Hit simultaneously with decaying relations between China and the United States, COVID-19 and a new security law imposed by Beijing, t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Macroeconomic data overhaul reveals little change in Indian economy’s general performance
BOFIT Weekly Review,India Macroeconomic data overhaul reveals little change in Indian economy’s general performance In February, India’s Ministry of Statistics and Programme Implementation (MoSPI) u...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2026
Wage growth varies considerably across sectors in Russia
Russia Wage growth varies considerably across sectors in Russia While the reported average wage has risen briskly, it appears that wage income has actually been rising even faster. According to Ross...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018