Russian ruble continues to strengthen
Russian ruble continues to strengthen The ruble has appreciated this year about 8 % against the US dollar and 5 % against the euro. The ruble has been supported by strong trade surplus and increased ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian GDP contracted in the third quarter in annual terms, but growth varied considerably across branches
Russia Russian GDP contracted in the third quarter in annual terms, but growth varied considerably across branches Revised figures for Russian gross domestic product show a 3.4 % y-o-y contract...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Ukraine statistics
statistics,Ukraine Data 2014-2021: The contribution of the illegally annexed territories of Sevastopol and Crimea have been corrected in the statistics. For the partly occupied territories of Donetsk...
Bofit.fi / Bofit homepage / Monitoring / Statistics
Rosneft completes sale of 15 % stake in Vankorneft to the Indian ONGC
Rosneft completes sale of 15 % stake in Vankorneft to the Indian ONGC The Indian state energy company ONGC Videsh this week acquired a 15 % stake in Rosneft subsidiary Vankorneft for $1.3 billion. Th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Payment delays on the rise in China
Payment delays on the rise in China It now takes exchange-listed firms over 90 days on average to receive payment from their customers. In 2011, the average payment time was under 60 days. Since then...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
China’s markets open up to international credit ratings agencies
China China’s markets open up to international credit ratings agencies At the end of January, the People’s Bank of China granted American credit rating agency S&P Global a licence to begin ratin...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Foreign travel is now a thing in China
Foreign travel is now a thing in China The Lunar New Year and the Spring Festival have traditionally been the main holidays when Chinese return to their home districts to gather with their families o...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
BOFIT Forecast for China 2025–2027 / 1
China,economy,forecast BOFIT Forecast for China 2025–2027 / 1 China’s economy continues to slow. The outlook for domestic demand remains depressed due to a lack of consumer confidence and prolonged ...
Bofit.fi / Bofit homepage / BOFIT / News / 2025
BOFIT Forecast for Russia 2025-2027 / 1
Russia,forecast BOFIT Forecast for Russia 2025–2027 / 1 While Russian GDP has risen in recent years, much of the growth has been driven by the surge in government spending on the war in Ukraine. We...
Bofit.fi / Bofit homepage / BOFIT / News / 2025
NPC rushes through a new investment law
China NPC rushes through a new investment law Last Friday (Mar. 15), the National People’s Congress passed a new Foreign Investment Law designed to protect commercial secrets of foreign firms, ban f...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Slow recovery in Russian consumption continues; good increases in industrial output
Russia Slow recovery in Russian consumption continues; good increases in industrial output Despite its slow revival pace, the recovery in seasonally-adjusted retail sales plodded forward in May. The...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Latest Forecast for China
China,Forecast BOFIT Forecast for China 2026–2028 1/2026, published 5 May 2026 Official figures show that China’s economy expanded by 5 percent last year, although actual GDP growth was likely lower...
Bofit.fi / Bofit homepage / Forecasting
PBoC tightens monetary stance; policy toolbox needs clarity
PBoC tightens monetary stance; policy toolbox needs clarity With the reopening of China's financial markets after the Chinese New Year Holiday, the People's Bank of China applied slightly hig...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
March PMI indicators suggest Russian economy already contracting
Russia March PMI indicators suggest Russian economy already contracting Readings of the Markit Economics purchasing manager indices for March show contractions in both manufacturing and service bran...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Banks ordered to continue financing local government construction projects in China
Banks ordered to continue financing local government construction projects in China In mid-May, the government announced a rule change, whereby banks are obliged to continue financing construction pr...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Impacts of economic slowdown worry European firms operating in China
Impacts of economic slowdown worry European firms operating in China The European Chamber of Commerce in China has just released its annual business confidence survey European Business in China. As l...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Growth in number of migrant workers slows
Growth in number of migrant workers slows The millions of internal migrant workers who leave their rural homes to work in cities is a special feature of China’s labour market. A survey released in co...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Moscow stock indices and oil prices still up for the year
Russia Moscow stock indices and oil prices still up for the year The Moscow Exchange has been lifted this year by a strong updraft from rising oil prices. News of the omicron variant of COVID-19, ho...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Regional neighbours and commodity producers likely to suffer most from Chinese slowdown
Regional neighbours and commodity producers likely to suffer most from Chinese slowdown The May issue of the IMF’s Regional Economic Outlook sees Asian growth slowing to 5.3 % p.a. for 2016 and 2017....
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Implementation of Russia’s national projects plods ahead
Russia Implementation of Russia’s national projects plods ahead Total funding for the 13 national projects is scheduled to exceed 3 % of forecast GDP during 2019−2024. This includes the roughly...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019