Monitoring
BOFIT monitors and analyses the economic development, policies and progress of structural reforms of emerging economies, including Russia, China and India. We also track relevant developments in the g...
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Russia Forecast publication date
<p style="text-align: left;">Updated BOFIT Russia Forecast for 2024-2026 will be published on 25.3.2024 at 13.00 (UTC +02:00). The updated forecast will be presented at 13.00 (UTC +02:...
Bofit.fi / Bofit homepage / BOFIT / News / 2024
BOFIT Forecast for Russia 2025-2027 / 2
Russia,forecast BOFIT Forecast for Russia 2025–2027 / 2 The pace of Russian GDP growth decelerated much more rapidly in the first half of 2025 than anticipated in our March forecast. We now expect f...
Bofit.fi / Bofit homepage / BOFIT / News / 2025
Slowing growth in Russia
Russia Slowing growth in Russia The preliminary figures released by Rosstat, Russia’s federal statistics service, show that Russian GDP grew by 4 % y-o-y in the second quarter. Growth has slowe...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Latest Forecast for Russia
Russia,Forecast BOFIT Forecast for Russia 2025–2027 2/2025, published on 20 October 2025 The pace of Russian GDP growth decelerated much more rapidly in the first half of 2025 than anticipated in ou...
Bofit.fi / Bofit homepage / Forecasting
Rising unemployment in Russia
Russia Rising unemployment in Russia The number of registered unemployed jumped from 1.3 million at the end of April to 2.1 million at the end of May. Anton Kotyakov, Russia’s minister of labour and...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Inflation in Russia moderates
Inflation in Russia moderates Consumer and producer price inflation have slowed recently. Industrial producer prices were in fact down clearly on-month in December-January. In on-year terms industri...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russia streamlines visa rules
Russia Russia streamlines visa rules Starting on October 1, foreign visitors to Russia can get cleared for their visit to St. Petersburg or the surrounding Leningrad region simply by filling in data...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Investment sluggish in Russia
Investment sluggish in Russia Fixed investment was up 2.3 % y-o-y in the first quarter. Rosstat reports that on-year growth in total fixed investment excluding small firms and those that operate in t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Inflation slows in Russia
Inflation slows in Russia April 12-month consumer price inflation was 4.1 %, slightly lower than the first-quarter pace (4.5 %). Inflation was running at 5.4 % at the end of 2016. The rise in consume...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia slashes public investment
Russia slashes public investment Economy minister Alexei Ulyukayev has announced that investment spending from the federal budget would have to be limited over the next few years due to Russia’s frai...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
BOFIT Forecasts for Russia and China 2020-2022
Russia,China,forecast BOFIT Forecasts for Russia and China 2020–2022 Russia We have reduced substantially our forecast for Russian GDP growth to -1 % for this year due to notably lower commodit...
Bofit.fi / Bofit homepage / BOFIT / News / 2020
BOFIT Forecast for Russia 2022–2023 / 1
Russia,forecast,Ukraine BOFIT Forecast for Russia 2022–2023 is published Russia’s war on Ukraine is hurting the Russian economy. In light of instability and uncertainty in Russia, increased internat...
Bofit.fi / Bofit homepage / BOFIT / News / 2022
Russia hosts African leaders at first Russia-Africa summit
Russia Russia hosts African leaders at first Russia-Africa summit On October 23–24, Russia hosted the Africa-Russia Economic Forum in the Black Sea coastal city of Sochi. Egypt, the current chairman...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia’s economic slowdown continues
Russia,economy,BOFIT Weekly Review Russia’s economic slowdown continues Preliminary Rosstat figures show Russian GDP grew by 3.1 % y-o-y in the third quarter. For the first nine months of the year, ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Russia revises industrial output data
Russia revises industrial output data Rosstat's 2015 figures for GDP production components were revised upwards earlier this winter, and the 2016 figures were less negative than expected. Both ou...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Tepid growth outlook for Russia
Tepid growth outlook for Russia The January update of the IMF's World Economic Outlook sees a slightly stronger revival in growth for advanced economies than in its October forecast, but the glob...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia’s economy minister arrested
Russia’s economy minister arrested Russia’s Federal Investigative Committee announced very early Tuesday morning (Nov. 15) that economy minister Alexei Ulyukayev had been detained. It was further not...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russia’s banking sector weakens
Russia’s banking sector weakens The troubles of the real economy are beginning to manifest in banking sector performance. While banks overall are still profitable, the number of loss-making banks ros...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016