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
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 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
Latest Forecast for Russia
Russia,Forecast BOFIT Forecast for Russia 2026–2028 1/2026, published on 30 March 2026 Growth of the Russian economy slowed to 1 percent last year. Weaker trends in private consumption and fixed inv...
Bofit.fi / Bofit homepage / Forecasting
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
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
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 Forecast for Russia 2026–2028 / 1
Russia,forecast BOFIT Forecast for Russia 2026–2028 / 1 Growth of the Russian economy slowed to 1 percent last year. Weaker trends in private consumption and fixed investment were major drags on gro...
Bofit.fi / Bofit homepage / BOFIT / News / 2026
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 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
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
Household borrowing up in Russia
Russia Household borrowing up in Russia Bank lending overall saw a slow recovery in the first half of the year. CBR figures show Russia's credit stock was up 3.4 % y-o-y at the end of June. Corp...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Domestic demand in Russia recovers
Domestic demand in Russia recovers Rosstat reports that the seasonally adjusted volume of retail sales increased slightly in April. Sales were the same as a year ago. Because the recovery was precede...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia's economic recovery: waiting
Russia's economic recovery: waiting Rosstat reports that seasonally and workday-adjusted industrial output recovered in March, after a weak February. In the first quarter, industrial output was v...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia foregoes daylight savings time
Russia foregoes daylight savings time In line with the Duma’s decision last summer that Russia would remain on standard time year round, Russians last Sunday did not “spring forward” an hour like the...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russia’s creditworthiness battered again
Russia’s creditworthiness battered again Last Friday (Feb. 20), the international credit ratings agency Moody’s lowered its rating of Russian foreign-currency government sovereigns from their lowest ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Fitch downgrades Russia’s creditworthiness
Fitch downgrades Russia’s creditworthiness International credit ratings specialist Fitch announced last Friday (Jan. 9) that it had cut its ratings on Russian sovereign debt from BBB to BBB-, Fitch’s...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
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
Russia lays out hydrocarbon-based energy strategy
Russia,energy,economy Russia lays out hydrocarbon-based energy strategy The Russian government prepares a national energy strategy at regular intervals. The 2009 strategy paper, which covered the p...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024