Fewer sectors in Russia targeted for direct investment from abroad
Russia Fewer sectors in Russia targeted for direct investment from abroad In recent years, FDI inflows have overwhelmingly focused on the financial sector, the energy sector (basically oil & gas...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
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 car manufacturing industry continues to recover
Russia Russia’s car manufacturing industry continues to recover Rosstat reports that Russian car production rose by 13.3 % from 2017 to 2018. A total of 1.8 million passenger vehicles, busses a...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia strengthens its position as China’s biggest oil supplier
China,Russia Russia strengthens its position as China’s biggest oil supplier China imported 462 million metric tons of crude oil last year, an increase of 10 % from 2017. China’s domestic oil p...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia actively engages in trade with its neighbours
Russia Russia actively engages in trade with its neighbours Although the significance and number of members of the Commonwealth of Independent States (CIS) have declined, the eleven former Soviet re...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Rapid growth in use of payment cards in Russia
Russia Rapid growth in use of payment cards in Russia The use of new forms of electronic payments has increased rapidly in Russia, and the Central Bank of Russia has clearly indicated its intention ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia and OPEC agree on new production limits
Russia Russia and OPEC agree on new production limits Russia, OPEC and a few other oil-producing countries announced last Friday (Dec. 7) that they were cutting back crude oil production by a t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Fixed investment growth in Russia accelerated in the third quarter
Fixed investment growth in Russia accelerated in the third quarter Fixed investment was up by over 5 % y-o-y in the third quarter of this year. In the first six months, on-year growth exceeded 3...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Nationwide increases of manufacturing output and retail sales in Russia
Russia Nationwide increases of manufacturing output and retail sales in Russia Manufacturing output continued to rise in the first half of this year in almost all federal districts, even if the pace...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
“Partial mobilisation” creates confusion, markets tumble in Russia
Russia “Partial mobilisation” creates confusion, markets tumble in Russia In an effort to move additional manpower to the front in the Ukraine war, president Vladimir Putin declared a “partial mobil...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia plans for federal budget deficits from 2022 to 2025
Russia Russia plans for federal budget deficits from 2022 to 2025 The government recently approved a preliminary 3-year budget proposal (2023–2025) that foresees federal budget revenues rising by 9&...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Primary production up in Russia; manufacturing hardly at all
Russia Primary production up in Russia; manufacturing hardly at all At the end of last year, a nearly six-month slide in seasonally-adjusted industrial output stopped. For 2017 overall, industrial o...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia posts declines in gas production and gas exports
Russia Russia posts declines in gas production and gas exports Rosstat reports that Russian gas production contracted in the first six months of this year by 7 % from 1H21. Gas giant Gazprom an...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
EU issues a new round of sanctions for Russia
Russia EU issues a new round of sanctions for Russia On June 3, the European Union announced its sixth round of sanctions that included significant new import bans and export restrictions. With a fe...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Pensions raised in Russia to keep up with inflation
Russia Pensions raised in Russia to keep up with inflation Pensions were raised at the beginning of this month by 10 %. The same increases were made to the minimum wage and official subsistence...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia legitimises parallel imports of many goods as imports collapse
Russia Russia legitimises parallel imports of many goods as imports collapse Parallel importing refers to imports without the permission of the intellectual property owner that circumvent authorised...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
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
Corporate profits in Russia decline to more conventional levels
Russia Corporate profits in Russia decline to more conventional levels Based on its recurring business survey, Rosstat reports that net profits of companies in its pool of 48,000 firms were down by ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Central Bank of Russia takes over Otkritie Bank
Russia Central Bank of Russia takes over Otkritie Bank Central Bank of Russia takes over Otkritie Bank The CBR announced on Tuesday (Aug. 29) that it had taken over administration of Otkritie Bank,...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017