Russia modifies rules on repatriation of foreign trade earnings
Russia Russia modifies rules on repatriation of foreign trade earnings Russia's finance ministry has sought this year to ease the forex repatriation demands on companies involved in foreign trad...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Tax code revisions impact Russia's oil sector
Russia Tax code revisions impact Russia's oil sector In recent years, the emphasis on taxation of the oil sector has gradually shifted from exports to production. New revisions of the tax code, ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia approves changes in taxation on consumption and corporations
Russia Russia approves changes in taxation on consumption and corporations The changes to the tax laws signed by president Putin early this month enter into force at the beginning of 2019. Although ...
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
OPEC and Russia agree to keep production pact in place
Russia OPEC and Russia agree to keep production pact in place At the end of 2016, Russia agreed with OPEC and a number of other oil-producing countries on a regime of voluntary production ceilings t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
FDI inflows to Russia remain at low levels
Russia FDI inflows to Russia remain at low levels The net flow of inward foreign direct investment to Russia contracted slightly last year to $28 billion. In 2016, FDI numbers were boosted by the sa...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
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
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
Russia approves strategy for reducing greenhouse gas emissions
Russia Russia approves strategy for reducing greenhouse gas emissions Issues related to climate change have recently gained prominence in Russia’s economic policy discussion. Much of the conversatio...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russia’s economic growth has continued, though slowing a bit
Russia Russia’s economic growth has continued, though slowing a bit While the on-year September increases in most sectors of the Russian economy were notably high, the economic development ministry ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
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