Russia posts uneven economic performance in September
Russia Russia posts uneven economic performance in September Russia posts uneven economic performance in September On the consumption side, the recovery seemed to strengthen, with retail sales risi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia wants to spur e-commerce
Russia Russia wants to spur e-commerce Russia wants to spur e-commerce The Russian administration has recently been enthused over digital economy and compiled related development programmes, most r...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Rapid growth in Finland-Russia trade
Russia Rapid growth in Finland-Russia trade The value of Finnish goods exports to Russia inthe second quarter rose 13 % y-o-y. Export growth faded in the spring, but picked up steam in May and June....
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Employment in Russia has continued to rise
Russia Employment in Russia has continued to rise Rosstat’s second-quarter labour force survey finds that the number of employed persons rose further on-year despite the economic downturn. On the ot...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
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
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
Western countries impose more sanctions on Russia
Russia Western countries impose more sanctions on Russia Over the past two weeks, the US, EU and UK have expanded their sanctions regime against Russia (for earlier sanctions, see BOFIT Weekly 9/202...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia sanctions affecting China as well
China,Russia Russia sanctions affecting China as well In the first two weeks after Russia’s unprovoked invasion of Ukraine, China sought to strike a balance with both sides in its political statemen...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia prepares to raise public sector wages
Russia prepares to raise public sector wages Russia prepares to raise public sector wages President Vladimir Putin recently proposed that wages funded out of public sector budgets should be raised a...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia and Turkey limit bilateral food trade
Russia and Turkey limit bilateral food trade In mid-March, Turkey ceased allowing duty-free imports of certain food items from Russia. Wheat and corn imports from Russia were the most affected items....
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia posts sluggish 2019 growth performance
Russia Russia posts sluggish 2019 growth performance As many analysts expected, Russian GDP growth slowed last year. In the first nine months of 2019, GDP rose by just 1.1 % y-o-y. Growth for a...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Bank of Russia cuts key rate again
Russia Bank of Russia cuts key rate again Last Friday (Dec. 13), the Central Bank of Russia board of directors decided to cut the CBR key rate by 25 basis points to 6.25 %. The CBR said th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Small recovery in Finnish exports to Russia
Russia Small recovery in Finnish exports to Russia Finnish goods exports to Russia rose by 28 % y-o-y in 3Q19. Much of the growth came from gas pipeline deliveries to the Nord Stream 2 project....
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia brings in a hearty harvest
Russia Russia brings in a hearty harvest Two years ago weather conditions were very good, but last year heat and drought reduced the harvest. This year weather was again rather favourable. Harvests ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia behind China in most international comparisons
Russia behind China in most international comparisons The latest World Economic Forum (WEF) Global Competitiveness Report 2015-16, which rates competitiveness among 140 countries, ranks Russia 45 and...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russia’s foreign debt remains unchanged
Russia’s foreign debt remains unchanged The Central Bank of Russia estimates that Russia’s foreign debt stood at nearly $560 billion (30 % of GDP) as of end-June. Russia’s second-quarter foreign deb...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russia’s foreign currency reserves stabilised
Russia’s foreign currency reserves stabilised Although Russia’s foreign currency reserves shrank visibly overall in the first half of this year, the situation has ceased to deteriorate in recent mon...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
EU and Russia both extend economic sanctions
EU and Russia both extend economic sanctions The EU voted on Monday (June 22) to keep economic sanctions against Russia in place through January 2016. These sanctions were imposed last August and ex...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015