Russia tries to strengthen import substitution policy
Russia Russia tries to strengthen import substitution policy In February, Russia’s ministry of industry and trade released a draft decree which would limit public procurement. The decree would requi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
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
Investment patterns reflect Russia’s war of aggression
Russia,economy,BOFIT Weekly Review Investment patterns reflect Russia’s war of aggression Rosstat’s national accounts figures show that the volume of fixed capital investment in Russia rose by 6 % l...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Transit shipments through Finland to Russia contracted sharply last year, while transit freight from Russia rose
Transit shipments through Finland to Russia contracted sharply last year, while transit freight from Russia rose The value of transit freight to Russia via Finland contracted last year by over a fift...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Economic imbalances weighing on Russia’s output growth
Russia,economy,BOFIT Weekly Review Economic imbalances weighing on Russia’s output growth Russia’s stock market has risen and the ruble’s exchange rate has strengthened in recent weeks on prospects ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Russia’s natural gas and oil exports facing new challenges
Russia,economy,BOFIT Weekly Review Russia’s natural gas and oil exports facing new challenges Russia’s last operational natural gas pipeline to Europe shuts down As expected, at the beginning of Jan...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Russia’s 2024 grain harvest falls below expectations
Russia,economy,BOFIT Weekly Review Russia’s 2024 grain harvest falls below expectations While Russia enjoyed an exceptional bumper grain harvest in 2023 due to favourable weather conditions, the 202...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Companies in Russia rely largely on domestic banks for financing
Russia Companies in Russia rely largely on domestic banks for financing Sanctions limit access to foreign lenders The access of large Russian corporations to international financial markets is extre...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Latest BOFIT Forecast for Russia sees lower economic growth ahead
Latest BOFIT Forecast for Russia sees lower economic growth ahead In the March update of our Forecast for Russia 2024–2026, we highlight capacity constraints as a major cause of Russia’s economic slo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Russia plans further increases in government spending despite deficits
Russia plans further increases in government spending despite deficits Russia’s federal budget remained in deficit in 2023 According to the preliminary assessment released by Russia’s finance ministr...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Inflationary pressures in Russia still on the rise
Russia Inflationary pressures in Russia still on the rise Retail sales and war-related industries drove output growth in October Russia’s ministry for economic development estimates that GDP grew by...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Ruble sinks even as Russia’s current account surplus grows
Ruble sinks even as Russia’s current account surplus grows Current account surplus increased in the third quarter Preliminary figures released by the Central Bank of Russia show the country’s third-q...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Russia plans for increased government spending, tighter monetary policy
Russia plans for increased government spending, tighter monetary policy Latest 3-year federal budget framework anticipates leap in military spending The Russian government last week approved a draft ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Ruble plummets as Russia’s current account surplus evaporates
Ruble plummets as Russia’s current account surplus evaporates The ruble’s exchange rate in August reached its lowest reading against the US dollar since spring 2022. The official ruble-dollar exchang...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Despite falling inflation, inflation risks in Russia continue to mount
Despite falling inflation, inflation risks in Russia continue to mount At its scheduled inflation meeting at the end of April, the executive board of the Central Bank of Russia left the key rate unch...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
FIFA World Cup boosted Russia’s tourism exports in summer
Russia FIFA World Cup boosted Russia’s tourism exports in summer During summer tourist season, which runs from April to September, foreign visitors spent about 8 billion dollars (an increase of 45 %...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia’s economic contraction last year mitigated by government spending
#Russia Russia’s economic contraction last year mitigated by government spending Rosstat last week released its first assessment of Russian GDP in 2022. According to its preliminary estimate, Russia...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Russia doubles oil pipeline transmission capacity to China
Russia Russia doubles oil pipeline transmission capacity to China Russia doubles oil pipeline transmission capacity to China This week saw the commissioning of the expanded China extension of the E...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
United States revises its economic sanctions regime for Russia
Russia United States revises its economic sanctions regime for Russia United States revises its economic sanctions regime for Russia The US treasury department published an amended version of one o...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Moderate net outflow of private capital from Russia
Russia Moderate net outflow of private capital from Russia Moderate net outflow of private capital from Russia During thefirst three quarters of this year, the net outflow of private capital from R...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017