IMF: First-half global growth exceeds previous forecast, but future outlook dims
world economy,BOFIT Weekly Review IMF: First-half global growth exceeds previous forecast, but future outlook dims The latest World Economic Outlook (WEO) from the International Monetary Fund (IMF) ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
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
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
China’s economic growth accelerated in the fourth quarter of 2024, but many sectors struggled with weak demand
China,economy,BOFIT Weekly Review China’s economic growth accelerated in the fourth quarter of 2024, but many sectors struggled with weak demand GDP growth accelerated in the fourth quarter of last ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
India’s economic growth this year falls short of expectations
India,economy,BOFIT Weekly Review India’s economic growth this year falls short of expectations At first glance, the economic news coming out of India has seemed fairly dire. After a dull first quar...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
CBR continued to tighten monetary policy in July
Russia CBR continued to tighten monetary policy in July At its July meeting, the Central Bank of Russia raised the benchmark key rate by 100 basis points to 6.5 %. With Russian consumer prices ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
China further eases monetary stance
China further eases monetary stance The PBoC last week also lowered its reference rates. The reference rate on one-year bank loans was lowered by 25 basis points to 4.35 % and the one-year deposit re...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Chinese wages continue to rise, though at a slower pace
Chinese wages continue to rise, though at a slower pace The average wage for city workers last year rose 9 % to around 4,700 yuan (€560). Wages were up in all major sectors: manufacturing 10 %, whol...
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
China's January inflation slowdown was broad-based
China China's January inflation slowdown was broad-based China's January inflation slowdown was broad-based Consumer price inflation in January fell to 1.5 %, three-tenths of a percentage p...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Costs to firms from regulatory practices discussed in Russia
Costs to firms from regulatory practices discussed in Russia Official inspections and Russia's new security-related laws were focal topics last year. Mikhail Abyzov, minister charged with improvi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
China’s economy continued to sputter in July
China China’s economy continued to sputter in July With consumers uncertain about the future and a troubled real estate sector, July economic growth underperformed June across the board. Retail sale...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
China struggles with delta variant outbreaks
China China struggles with delta variant outbreaks Reported new covid-19 cases in China have increased steadily since July. On August 9, China surpassed 140 new cases in one day, a level not seen si...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
PBoC lowers bank reserve requirement ratios on higher economic uncertainty
China PBoC lowers bank reserve requirement ratios on higher economic uncertainty Last Sunday (June 24), the People's Bank of China announced it would lower its reserve requirement ratio (RRR) fo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
China official figures show strong first-quarter growth with a slowdown in March
China official figures show strong first-quarter growth with a slowdown in March China National Bureau of Statistics (NBS) reports that GDP in January-March rose by 5.3 % y-o-y. The biggest contribut...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Hong Kong economy recovering from a tough year, but much depends on external factors
#china Hong Kong economy recovering from a tough year, but much depends on external factors Hong Kong’s economy last year had to deal with severe covid lockdowns and interest rate increases in the U...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Many Chinese provinces failed to hit their GDP targets last year
Many Chinese provinces failed to hit their GDP targets last year China’s National Bureau of Statistics (NBS) reports that GDP growth last year varied in the range of 4–6 % at most of the provinc...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
China’s growth picked up in the first quarter as the economy reopened; BOFIT expecting relatively strong growth for the year
China’s growth picked up in the first quarter as the economy reopened; BOFIT expecting relatively strong growth for the year China’s National Bureau of Statistics reports that the economy returned to...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Growth of Chinese retail sales and industrial output slowed in October
China Growth of Chinese retail sales and industrial output slowed in October China’s National Bureau of Statistics reports that real growth in retail sales in October was just 4.9 % y-o-y, down...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019