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
Finnish trade with Russia collapsed last year
Russia Finnish trade with Russia collapsed last year Preliminary figures from Statistics Finland suggest that the value of Finnish exports of goods and services to Russia contracted by about 20 ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Latest economic data for Russia looks promising
Russia Latest economic data for Russia looks promising The acceleration of the covid-19 pandemic in Russia during the second half of 2020 reduced economic activity due to such factors as restriction...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
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
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 on track for record grain harvest
Russia on track for record grain harvest Preliminary figures suggest the grain harvest this year will exceed 123 million metric tons, and increase of about 15 % over last year. Thanks to good weather...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russia’s economic recovery still uncertain
Russia’s economic recovery still uncertain October figures for seasonally and workday-adjusted industrial output showed slight improvement from September, even if they were roughly unchanged from the...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russia records huge mortality increase in 2020
Russia Russia records huge mortality increase in 2020 At the end of 2020, the Russian population was about 143.8 million people (does not include the population of the illegally annexed Crimean peni...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russia debates course of economic policy
Russia debates course of economic policy The economic council led by the president is set to prepare over the next year a new economic policy programme for Russia that will extend through 2025. The w...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
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
Private demand down sharply in Russia
Private demand down sharply in Russia Following December’s shopping spree sparked by the ruble’s fall, the volume of seasonally adjusted retail sales fell three months in a row. Thus, first-quarter ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russia’s forex markets remain turbulent
Russia’s forex markets remain turbulent After recovering considerable ground last week, the ruble resumed its decline this week. The ruble’s latest drop was apparently sparked by economy ministry dat...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russia’s banking sector reflects economic uncertainty
Russia’s banking sector reflects economic uncertainty Total assets of the Russian banking sector at the end of last year amounted to 77.663 trillion rubles, an increase of 18 % y-o-y (all figures rep...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russia to dip into its sovereign funds
Russia to dip into its sovereign funds At the end of January, Russia’s sovereign funds amounted to $160 billion. Tax revenues from oil and gas have been accumulated to the funds since 2003. While the...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russia struggles to balance fiscal and monetary policy demands
Russia,BOFIT Weekly Review Russia struggles to balance fiscal and monetary policy demands Russian economic policymakers continue their quest to balance between the loose fiscal policy requirements n...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
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
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
Russia’s hydrocarbon-centric energy security doctrine stresses import substitution
Russia Russia’s hydrocarbon-centric energy security doctrine stresses import substitution President Vladimir Putin last week (May 13) approved Russia’s updated energy security doctrine. The document...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia’s population declines, greys and increasingly packs into cities
Russia Russia’s population declines, greys and increasingly packs into cities The UN’s latest population forecast shows the Russian population falling from its current 146 million to 135 million by ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019