Russia’s import substitution commission reviews progress
Russia’s import substitution commission reviews progress At the import substitution commission meeting at the end of April, the commission’s chairman, prime minister Dmitri Medvedev, noted that by no...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russia’s services trade shrinks sharply
Russia’s services trade shrinks sharply The value of Russian services exports last year was $52 billion and services imports $88 billion. Services accounted for about 13 % of total exports and nearly...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russia approves 2016 anti-crisis economic programme
Russia approves 2016 anti-crisis economic programme Over its several weeks of planning, the anti-crisis programme has seen its price tag repeatedly reduced as Russia’s fiscal outlook faltered. Fundin...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Profitability of Russia’s banking sector weakens
Profitability of Russia’s banking sector weakens Growth of Russia’s banking system largely stopped last year and profitability fell significantly. The Central Bank of Russia reports the banking secto...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Bank lending growth slows in Russia
Russia Bank lending growth slows in Russia In 2019, banks’ lending to the corporate sector slowed down and the nominal value of the loan stock, calculated in rubles, increased by just 1.2 %. Ab...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Growth in bank lending slowed last year in Russia
Russia,BOFIT Weekly Review Growth in bank lending slowed last year in Russia Russia’s financing system, which already relies heavily on banks, has seen the importance of domestic bank financing incr...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2026
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
Economic conditions in Russia continue to weaken
Russia,BOFIT Weekly Review Economic conditions in Russia continue to weaken Russian output growth has stagnated this year even if the economy has not fallen into recession. Increasingly severe econo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
BOFIT Forecast for Russia 2025-2027 / 1
Russia,forecast BOFIT Forecast for Russia 2025–2027 / 1 While Russian GDP has risen in recent years, much of the growth has been driven by the surge in government spending on the war in Ukraine. We...
Bofit.fi / Bofit homepage / BOFIT / News / 2025
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
BOFIT Forecast for Russia 2024-2026 / 1
russia,forecast BOFIT Forecast for Russia 2024–2026 is published The Bank of Finland Institute for Emerging Economies (BOFIT) expects Russian economic growth to begin slowing this year. While 2024 g...
Bofit.fi / Bofit homepage / BOFIT / News / 2024
BOFIT Forecast for Russia 2022-2024 / 1
Russia,forecast BOFIT Forecast for Russia 2022–2024 is published Russia’s invasion of Ukraine is having profound impacts on Russia’s economic future. Western sanctions continue to raise both the dir...
Bofit.fi / Bofit homepage / BOFIT / News / 2022
BOFIT Forecast for Russia 2023-2024 / 2
#Russia #forecast BOFIT Forecast for Russia 2023–2024 is published For the first half of this year, Russia’s economy clearly outperformed our previous forecast. While much of the up-side surprise ca...
Bofit.fi / Bofit homepage / BOFIT / News / 2023
Monetary policy easing continues in Russia
Russia Monetary policy easing continues in Russia At its February meeting, the board of the Central Bank of Russia decided to reduce the key rate by another 25 basis points to 6 % p.a. Consumer...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
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
Central Bank of Russia lowers key rate
Russia Central Bank of Russia lowers key rate On June 14, the Central Bank of Russia, as markets anticipated, lowered the key rate by 25 basis points. The key rate is now 7.5 %. The CBR said their d...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
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 posts tepid first-half growth
Russia Russia posts tepid first-half growth Although Russian GDP grew by over 2 % last year, the pace of growth slowed to just 0.5 % in the first quarter of this year (BOFIT Weekly 21/2019). Ne...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019