Muted market reaction in Russia to expulsion of Russian diplomats
Russia Muted market reaction in Russia to expulsion of Russian diplomats Early this week, nearly 30 countries followed the UK in expelling over 100 Russian diplomats from their countries. Many count...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia plans for increased government spending, tighter monetary policy
Russia plans for increased government spending, tighter monetary policy Latest 3-year federal budget framework anticipates leap in military spending The Russian government last week approved a draft ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Inflationary pressures in Russia still on the rise
Russia Inflationary pressures in Russia still on the rise Retail sales and war-related industries drove output growth in October Russia’s ministry for economic development estimates that GDP grew by...
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
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 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
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
Wage growth varies considerably across sectors in Russia
Russia Wage growth varies considerably across sectors in Russia While the reported average wage has risen briskly, it appears that wage income has actually been rising even faster. According to Ross...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Central Bank of Russia keeps key rate at 7.50 %
Russia Central Bank of Russia keeps key rate at 7.50 % At the monetary policy meeting on October 26, the CBR noted that short-term inflation risks remained elevated. The annual rate of con...
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
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
Increase in outflows of private capital from Russia
Russia Increase in outflows of private capital from Russia Preliminary balance-of-payments figures show that Russia’s net private-sector capital outflow went on in the second quarter. The net outflo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
BOFIT Forecasts for Russia and China 2021–2023
Russia,China,forecast BOFIT Forecasts for Russia and China 2021–2023 russia We have raised our economic forecast for Russia from last autumn to reflect the rise of oil prices and price expectations....
Bofit.fi / Bofit homepage / BOFIT / News / 2021
BOFIT Forecasts for Russia and China 2020–2022
Russia,China,forecast BOFIT Forecasts for Russia and China 2020–2022 Russia With the coronavirus pandemic and drop in global commodity prices proving more severe than foreseen in the baseline of our...
Bofit.fi / Bofit homepage / BOFIT / News / 2020
Sanctions continue to overshadow Russia’s relations with the West
Russia Sanctions continue to overshadow Russia’s relations with the West In the months following Russia’s annexation of the Crimean peninsula in spring 2014, the EU, US and several other Western cou...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
OPEC and Russia agree on further cuts in oil production
Russia OPEC and Russia agree on further cuts in oil production Over the past three years, Russia has worked closely with OPEC members in a number of voluntary agreements to restrain crude oil produc...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia’s foreign debt increased slightly this year
Russia Russia’s foreign debt increased slightly this year At the end of September, Russia’s foreign debt amounted to 470 billion dollars, including about 60 billion dollars in short-term debt. ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia’s large federal budget surplus begins to shrink
Russia’s large federal budget surplus begins to shrink Despite the third-quarter reversal, the federal budget surplus for the last 12-month period still amounted to nearly 3 % of GDP. The turn reflec...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Chinese premier talks up trade during his Russia visit
Russia Chinese premier talks up trade during his Russia visit The Chinese premier Li Keqiang visited Russia on September 16–18. Russian and Chinese prime ministers envisioned doubling the value of m...
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