China’s ratio of bank credit to GDP continues to rise
China China’s ratio of bank credit to GDP continues to rise China’s bank lending stock rose by 13 % y-o-y in December. However, monetary easing last year failed to significantly boost bank lend...
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
Chinese economic growth continues to slow
China Chinese economic growth continues to slow While the unreliability of official statistical data makes it difficult to assess actual economic conditions in China, numerous measures, including of...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Finnish-Russian trade contracts sharply
Russia Finnish-Russian trade contracts sharply Preliminary figures released by Finnish Customs show that Finland’s goods exports to Russia fell by 58 % y-o-y in April. Lower demand, EU export r...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
China’s central bank lowers interest rates; inflation rate still below official target ceiling
China China’s central bank lowers interest rates; inflation rate still below official target ceiling On August 15, the People’s Bank of China (PBoC) lowered its key policy rates for the second time ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Finnish goods trade with Russia falls by half
Russia Finnish goods trade with Russia falls by half Since March, the value of Finnish exports to Russia has fallen to about half of pre-invasion levels. After a massive drop in April, however, expo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian bank lending turning to growth
Russian bank lending turning to growth Russian bank lending turning to growth The stock of corporate bank loans has contracted since early 2016, but in recent months the contraction seems to have ha...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
China's second-quarter economic growth still robust
China China's second-quarter economic growth still robust China's second-quarter economic growth still robust The National Bureau of Statistics (NBS) reports that the Chinese economy mainta...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Yuan use as a reserve currency unchanged; use in international payments declines
China Yuan use as a reserve currency unchanged; use in international payments declines Yuan use as a reserve currency unchanged; use in international payments declines Fresh IMF figures show that t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Wages in China's public-sector last year increased faster than in the private sector
Wages in China's public-sector last year increased faster than in the private sector Wages in China's public-sector last year increased faster than in the private sector Wage data for 2016 p...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Robust growth in Chinese foreign trade
China,economy Robust growth in Chinese foreign trade Growth in Chinese foreign trade has recovered significantly after a weak development seen in recent years. China customs reports that the dollar ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
China's current account surplus dwindling
China's current account surplus dwindling China's first-quarter current account surplus this year amounted to just $19 billion, down from $45 billion in 1Q16. The running four-quarter surplus...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Retail sales in China slide below GDP growth target
China Retail sales in China slide below GDP growth target Retails sales, considered the most important indicator of private consumption in China, grew by less than 6 % y-o-y in real terms in Oc...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Finnish first-half goods trade deficit with China balanced by services trade surplus
China Finnish first-half goods trade deficit with China balanced by services trade surplus While Finnish Customs reports that Finland’s overall goods trade turnover grew at an average pace of 6 % y-...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Proposed changes to Russian legislation could reduce economic transparency
Russia Proposed changes to Russian legislation could reduce economic transparency The government this week submitted to the Duma draft legislation that modifies rules on public disclosure of certain...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian GDP growth slowed in the first quarter of this year
Russia Russian GDP growth slowed in the first quarter of this year The latest Rosstat figures show that seasonally adjusted GDP in the first quarter increased by 0.5 % from the previous quarter...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
China’s economic work conference produces no big changes in economic policies
China China’s economic work conference produces no big changes in economic policies In mid-December, mainland China’s top decision-makers convened for the annual economic work conference. Repor...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Poor health lowers Russia’s ranking in human capital comparisons
Russia Poor health lowers Russia’s ranking in human capital comparisons Russia’s “human capital” (the knowledge, skills, talents and capabilities of its population) can be evaluated by different met...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian financial markets seek new equilibrium
Russia Russian financial markets seek new equilibrium Foreign investors have abandoned the Moscow stock market As a result of Western economic sanctions imposed on Russia in March 2022 after the inv...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Bank loans gain popularity as regulators have limited the access to other credit sources in China
China Bank loans gain popularity as regulators have limited the access to other credit sources in China People's Bank of China figures show that Chinese banks granted 1.45 trillion in yuan denom...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018