Venezuela causes headaches for China and Russia
China,Russia Venezuela causes headaches for China and Russia Amidst Venezuela’s catastrophic economic crisis and political impasse, opposition leader Juan Guaidó declared himself interim presid...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Consumer price inflation accelerated in Russia
Russia Consumer price inflation accelerated in Russia The year-on-year change in consumer prices picked up in December to 4.3 %. In early autumn, consumer price inflation was running at 3.5...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Retirement age hike approved in Russia
Russia Retirement age hike approved in Russia On September 27, the Duma, the lower house of the parliament, approved the third reading of a bill to raise the general retirement age by five year...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia's public finances in overall balance
Russia Russia's public finances in overall balance Revenues to the consolidated budget (federal, regional and local budgets plus state social fund budgets) increased by over 15 % y‑o‑y in the fi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia approves laws establishing domestic tax havens
Russia Russia approves laws establishing domestic tax havens Under a package of new laws, Russia will establish special administrative zones on Russky Island next to Vladivostok and on Oktyabrsky Is...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Changes is Russia's currency reserve composition
Russia Changes is Russia's currency reserve composition Russia's gold and foreign currency reserves have grown notably since early 2017. They stood at nearly $460 billion at the end of May. ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia's economic recovery stumbles again
Russia Russia's economic recovery stumbles again The Russian economy performed at least slightly better in the first quarter ofthis year overall compared to the halt of growth in the second half...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Concerns over Russia's regional budget deficits
Russia Concerns over Russia's regional budget deficits Regional budgets (consolidated budgets of the regional and local levels) represent slightly over a third of Russia's government-sector ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia seeks new oil export markets
Russia Russia seeks new oil export markets Russian oil production still showed modest growth early this year, but many of Russia’s traditional customers for crude oil reduced their purchases after t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Big differences across sectoral contractions in Russia
Russia Big differences across sectoral contractions in Russia Russia’s economy ministry reports that June GDP was down by nearly 5 % on year while April GDP had been down by nearly 3 % whe...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Banking sector conditions stabilise in Russia
Russia Banking sector conditions stabilise in Russia With the invasion of Ukraine in February 2022, fears of new sanctions and increased general censorship have caused a scarcity in data on banking ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Recovery in fixed investment in Russia slows
Russia Recovery in fixed investment in Russia slows Fixed investment grew by over 3 % y-o-y in the third quarter, down from growth above 6 % in the second quarter. Investment was up by 4.2 % y-o-y i...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Prices continue to soar in Russia
Russia Prices continue to soar in Russia Consumer prices have skyrocketed since Russia’s invasion to Ukraine last month. Import prices shot up with the ruble’s collapse. Prices of many food items ha...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Fixed investment in Russia has grown
Russia Fixed investment in Russia has grown Growth of the real volume of fixed investment, which accelerated in the second quarter, continued its fairly good rise in the third quarter. In second qua...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Rapid housing loan growth in Russia continues
Russia Rapid housing loan growth in Russia continues The growth in mortgage lending accelerated in the first three months of this year. In March alone, banks granted new housing loans worth a total ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russia drops in TI corruption rankings
Russia drops in TI corruption rankings The 2016 Corruption Perceptions Index published by Transparency International (TI), downgraded Russia's position in the rankings from 2015. This was mostly ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia shows cautious interest in green financing
Russia Russia shows cautious interest in green financing According to media reports, Russia’s central bank and finance ministry have launched initial discussions on the possibility of issuing green ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russia seeks to renegotiate tax treaties
Russia Russia seeks to renegotiate tax treaties Russia has bilateral tax treaties with roughly 80 countries. These treaties spell out the rules that governments must follow on taxing income transfer...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russia’s economy weakened in October
Russia Russia’s economy weakened in October Russian economic growth has slackened since the summer’s brisk recovery, with volatile development across branches. Manufacturing and agriculture weighed ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Finland’s exports to Russia shrank further
Finland’s exports to Russia shrank further The value of Finnish goods exports to Russia was down 8 % y-o-y in 3Q16, and down 3 % y-o-y for September. Machinery & equipment and chemicals form the ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016