Personnel
BOFIT is led by Iikka Korhonen, our head of research. The BOFIT team consists mainly of economists specialised in monitoring and research of emerging economies, particularly Russia and China, as well ...
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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
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
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
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
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
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
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
Concerns emerge over Russia’s slowing growth
russia,economy,BOFIT Weekly Review Concerns emerge over Russia’s slowing growth Rosstat this week affirmed its preliminary first-quarter GDP growth estimate of 1.4 % y-o-y, bolstering the view that ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
SCO summit announcements include construction of a new Russia-China gas pipeline and establishing a new development bank
china,economy,BOFIT Weekly Review SCO summit announcements include construction of a new Russia-China gas pipeline and establishing a new development bank This year’s 25th Shanghai Cooperation Organ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
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
BOFIT Forecast for Russia 2023-2024
BOFIT,Russia,forecast,webinar BOFIT Forecast for Russia 2023-2024 will be published in Teams webinar on September 14, 2023 BOFIT released its update to Russia forecast for years 2023–2024 on Se...
Bofit.fi / Bofit homepage / BOFIT / News / 2023
Russia ratifies Caspian Sea accord
Russia Russia ratifies Caspian Sea accord The five littoral states of the Caspian Sea (Russia, Kazakhstan, Turkmenistan, Iran and Azerbaijan) negotiated for two decades on territorial demarcation an...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Corruption dies hard in Russia
Russia Corruption dies hard in Russia Russia has performed equally worse in Transparency International’s (TI) Corruption Perception Index rankings during recent years. Russia’s overall point score h...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia posts record grain harvests
Russia Russia posts record grain harvests By the conclusion of the harvest season on November 1, over 135 million metric tons of grains and other grain staples had been harvested – an all-time recor...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017