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
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
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 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
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
Russia's industrial output recovery varied boldly in recent months
Russia Russia's industrial output recovery varied boldly in recent months Russia's industrial output recovery varied boldly in recent months Rosstat reports that seasonally and workday-adju...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia has the most barriers to trade for European exporters
Russia,economy Russia has the most barriers to trade for European exporters The European Commission published its latest report on barriers to trade in June. The report, which is based on informatio...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Number of employed all-time high in Russia
Russia,economy Number of employed all-time high in Russia Rosstat reports that the number of people employed in the Russian economy reached around 72.4 million people in June, a slight increase from...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
High variation in growth trajectories among Russia's manufacturing branches
Russia High variation in growth trajectories among Russia's manufacturing branches High variation in growth trajectories among Russia's manufacturing branches Manufacturingoutput overall sh...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia releases 2011–13 GDP figures produced with new methodology
Russia Russia releases 2011–13 GDP figures produced with new methodology Russia releases 2011–13 GDP figures produced with new methodology GDP and its components for the years 2011–16 have now all ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
US drafts changes to economic sanctions imposed on Russia
US drafts changes to economic sanctions imposed on Russia US drafts changes to economic sanctions imposed on Russia Last week the United States Senate voted near-unanimously to approve a bill making...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Car sales revive in Russia, while other sales remain weaker
Car sales revive in Russia, while other sales remain weaker Car sales revive in Russia, while other sales remain weaker Following three years of decline, sales of new cars have begun to rise in rece...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Central Bank of Russia keeps key rate unchanged
#Russia Central Bank of Russia keeps key rate unchanged On December 16, the CBR decided to keep the key rate at 7.5 %. The decision was generally expected by market analysts. Inflation peaked i...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
EU and US further expand economic sanctions on Russia
#Russia EU and US further expand economic sanctions on Russia On December 16, the EU approved its ninth round of economic sanctions targeting Russia for its illegal war against Ukraine. The assets o...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Growth in Indian imports from Russia begins to plateau
Russia Growth in Indian imports from Russia begins to plateau Indian goods imports from Russia have skyrocketed this year. The value of imports in September was nearly five times higher than in Sept...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
China’s exports to Russia continued to rise in October
Russia China’s exports to Russia continued to rise in October The value of Chinese goods exports flowing to Russia declined sharply last spring following Russia’s attack on Ukraine, but it has recov...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022