Russia's Reserve Fund shrank by 70 % last year
Russia's Reserve Fund shrank by 70 % last year The value of the Reserve Fund fell from about $50 billion at the end of 2015 to $16 billion (972 billion rubles) at the end of 2016. The amount draw...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Pace of industrial growth in China stabilises; retail sales continue to gain steam
China Pace of industrial growth in China stabilises; retail sales continue to gain steam May on-year industrial output growth reached nearly 9 % with the strongest performances coming from high...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russian economic growth remained moderate in October
Russia Russian economic growth remained moderate in October Russian manufacturing growth in October accelerated to above 3.5 % y-o-y (growth averaged just over 2 % in the first nine months...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Rising inflation limits monetary easing in China
China Rising inflation limits monetary easing in China Consumer prices rose 3.8 % y-o-y in October, outpacing the government’s target ceiling of 3 %. Inflation target in China is, however,...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia’s central bank lowers key rate and revises forecasts downwards
Russia Russia’s central bank lowers key rate and revises forecasts downwards On September 6, the Central Bank of Russia’s board of directors again lowered the key rate by 0.25 percentage points...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
BOFIT Forecast for China: uncertainty casts shadow on Chinese growth outlook
China,forecast BOFIT Forecast for China: uncertainty casts shadow on Chinese growth outlook China’s economic growth, which witnessed a slowdown last year, continues to slow this year. While uncertai...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Covid-19 crisis has increased broad unemployment and part-time employment in Russia
Russia Covid-19 crisis has increased broad unemployment and part-time employment in Russia Using the methodology of the International Labour Organization (ILO), Rosstat’s latest survey of the labour...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Slowdown in China’s economic growth expected to continue in 2019
China Slowdown in China’s economic growth expected to continue in 2019 The slowing in China’s GDP growth is largely driven by weakening domestic demand. However, foreign demand is also expected to w...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian real disposable income still well below 2014 level
Russia Russian real disposable income still well below 2014 level Russian real disposable household incomes last year were essentially unchanged from 2017. Revenues initially showed gains in the fir...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Sharp slowdown in Chinese investment growth
Sharp slowdown in Chinese investment growth Growth in private investment, which accounts for over 60 % of all Chinese investment, has slowed sharply since the second half of 2015. Private investment ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russia signs on to OECD’s Automatic Exchange of Information initiative
Russia signs on to OECD’s Automatic Exchange of Information initiative The OECD and G20 countries have developed the Automatic Exchange of Information (AEOI) standard procedure as a way to increase i...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Fixed investment subdues Chinese economic growth
China Fixed investment subdues Chinese economic growth Fixed investment subdues Chinese economic growth Figures released by China's National Bureau of Statistics suggest lower economic growth i...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Relatively slow growth in fixed capital formation hastens speed of structural reform of Chinese economy
Relatively slow growth in fixed capital formation hastens speed of structural reform of Chinese economy Consumption generated 52 % of Chinese GDP last year, with private consumption contributing abou...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian GDP grew by 1.6 % in the first quarter
Russia Russian GDP grew by 1.6 % in the first quarter While growth slowed slightly from 2.1 % y-o-y in the fourth quarter of 2019, it was a relatively good performance on the cusp of the C...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Recovery of Russian economy moderated in August
Russia Recovery of Russian economy moderated in August The recovery in consumption-driven branches began to fade slightly in August, while primary production supported the overall economy. Although ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Chinese real estate markets deteriorate further
Chinese real estate markets deteriorate further Real estate sales contracted again in December. Real estate sales volume, measured in terms of floorspace, declined 8 % y-o-y. In value terms, sales fe...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russia bans re-export of plant products from Bulgaria
Russia bans re-export of plant products from Bulgaria The ban is designed to prevent imports of EU plant products from circumventing Russia’s ban in food imports imposed last August. The Federal Serv...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
People’s Bank of China eases monetary stance as economic recovery remains more sluggish than expected
#china People’s Bank of China eases monetary stance as economic recovery remains more sluggish than expected In mid-July China’s central bank cut all main policy rates by 10 basis points. The rate c...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Mainland China stock markets perform relatively well, still capital is flowing from China
China Mainland China stock markets perform relatively well, still capital is flowing from China Despite the significant economic impact from the coronavirus crisis, Chinese stock markets have lately...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
FIFA World Cup boosted Russia’s tourism exports in summer
Russia FIFA World Cup boosted Russia’s tourism exports in summer During summer tourist season, which runs from April to September, foreign visitors spent about 8 billion dollars (an increase of 45 %...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018