BOFIT Forecasts for Russia and China 2019–2021
Russia,China,forecast BOFIT Forecasts for Russia and China 2019–2021 RUSSIA Russian economic growth gathered steam in 2018. Rising oil prices and ruble depreciation combined to boost budget revenues...
Bofit.fi / Bofit homepage / BOFIT / News / 2019
Russia commences pipeline transmission of natural gas to China
Russia Russia commences pipeline transmission of natural gas to China On Monday (Dec. 2), presidents Vladimir Putin and Xi Jinping celebrated the commissioning of the Power of Siberia natural gas pi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Higher export prices drive up industrial producer prices in Russia
Russia Higher export prices drive up industrial producer prices in Russia The rise in producer prices for supplies to domestic customers has accelerated this year, exceeding 14 % y-o-y in Septe...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Companies in Russia rely largely on domestic banks for financing
Russia Companies in Russia rely largely on domestic banks for financing Sanctions limit access to foreign lenders The access of large Russian corporations to international financial markets is extre...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
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
Poor health lowers Russia’s ranking in human capital comparisons
Russia Poor health lowers Russia’s ranking in human capital comparisons Russia’s “human capital” (the knowledge, skills, talents and capabilities of its population) can be evaluated by different met...
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
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
Gas dispute between Russia and Ukraine continues to flame
Russia Gas dispute between Russia and Ukraine continues to flame Gas dispute between Russia and Ukraine continues to flame The Stockholm arbitration court ruled last week (Feb. 28) on gas transit f...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Foreign currency sovereign credit ratings on Russia upgraded
Foreign currency sovereign credit ratings on Russia upgraded Standard & Poor's last week raised its rating of Russian sovereign foreign bonds to investment grade (BBB-). The earlier junk-grad...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
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
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
“Partial mobilisation” creates confusion, markets tumble in Russia
Russia “Partial mobilisation” creates confusion, markets tumble in Russia In an effort to move additional manpower to the front in the Ukraine war, president Vladimir Putin declared a “partial mobil...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia’s federal budget revenues down in August
Russia Russia’s federal budget revenues down in August Nominal federal budget revenues were down by about 10 % y-o-y in August. Part of the revenue drop was cushioned from the July fall by a re...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia posts another large current account surplus in August
Russia Russia posts another large current account surplus in August Preliminary figures from the Central Bank of Russia show an August current account surplus of 16.5 billion dollars. While surplus ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Changes in structure of fixed investment in Russia
Russia Changes in structure of fixed investment in Russia Fixed investment rose by over 3 % y-o-y in the first half of this year, even if investments of large and mid-sized firms and the state, whic...
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
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
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
Russia and the US holding off on new sanctions
Russia Russia and the US holding off on new sanctions Russia has extended the process of handling a draft law that would impose new sanctions on the United States and possibly other countries. The l...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018