International Monetary Fund predicts high economic growth this year for rich economies and tepid growth for many emerging economies
Russia International Monetary Fund predicts high economic growth this year for rich economies and tepid growth for many emerging economies The IMF’s July World Economic Outlook sees global growth at...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Official unemployment rate understates China’s true unemployment
China Official unemployment rate understates China’s true unemployment China's labour market was severely disrupted by restrictions of movement and layoffs caused by the COVID-19 pandemic. Yet, ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Rosstat predicts a decline in Russia’s population over the next two decades
Russia Rosstat predicts a decline in Russia’s population over the next two decades In its latest demographic forecast, Rosstat offers three scenarios for Russian population growth through 2036. In t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Significant changes again in structure of investments in Russia
Significant changes again in structure of investments in Russia Overall investment in the economy in the first half of this year contracted over 5 % y-o-y, but there were significant variations acros...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
IMF concerned about state of Chinese businesses
IMF concerned about state of Chinese businesses The IMF’s April 2016 edition of its Global Financial Stability Report finds that at the end of last year nearly 16 % of Chinese companies borrowing fro...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russia’s economic recovery slowed in September
Russia Russia’s economic recovery slowed in September The service sector and primary production were still propping up the Russian economy. Other core sectors showed signs of slowing in September. P...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Economic relations reaffirmed at China-Africa summit
Economic relations reaffirmed at China-Africa summit South Africa hosted the sixth ministerial conference on China-Africa Cooperation early this month in Johannesburg. Chinese president Xi Jinping h...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Yuan will join IMF’s SDR basket
Yuan will join IMF’s SDR basket On Monday (Nov. 30), the IMF executive board voted to add the yuan as its fifth currency in its Special Drawing Rights (SDR) valuation basket. The incorporation of the...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Only a slight decline in Chinese goods imports in January-February
China Only a slight decline in Chinese goods imports in January-February China Customs reports that the value of goods imports decreased by 4 % y-o-y in January-February, while imports of key c...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Housing prices soar in China’s big cities
Housing prices soar in China’s big cities The National Bureau of Statistics reports that prices of new apartments in February were up an average of 13 % y-o-y in Beijing, 21 % in Shanghai and 57 % in...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Minor shifts in the structure of Russian foreign trade
Minor shifts in the structure of Russian foreign trade Measured in US dollars, the value of both goods exports and goods imports contracted by 30 % y-o-y in the fourth quarter of 2015. The rate of co...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russia’s inflation tick-up may be fairly transient
Russia Russia’s inflation tick-up may be fairly transient In March, 12-month consumer price inflation remained rather moderate at 2.5 %. However, the month-on-month inflation accelerated to 0.6...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Policy changes to support China’s labour markets
Policy changes to support China’s labour markets The government said late last month that it would seek to ease labour market conditions through measures such as tax breaks and access to preferential...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian foreign trade contracted sharply in the fourth quarter
Russian foreign trade contracted sharply in the fourth quarter Russian customs reports the value of goods exports and imports in the fourth quarter of 2014 were down nearly 20 % y-o-y, and that in De...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Bulls run at Moscow Exchange
Russia Bulls run at Moscow Exchange The strong rise in oil prices (BOFIT Weekly 27/2021) and recovery of the Russian economy from the depths of last year’s Covid Recession (BOFIT Weekly 33/2021) hav...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Moscow stock exchange made gains in second half of 2020
Russia Moscow stock exchange made gains in second half of 2020 Last spring the drop in oil prices and the collapse of international financial markets were reflected immediately on the Moscow Exchang...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
China presses Australia
China China presses Australia In late December, Chinese officials banned the import of Australian coal, leaving dozens of freighters offshore waiting to offload their cargoes due to the uncertain si...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
No changes expected in Russian corporate taxation in coming years
No changes expected in Russian corporate taxation in coming years Last week, finance minister Anton Siluanov presented his ministry’s proposed tax policy framework for 2016–2018. He promised that the...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Large shifts in structure of government revenues and spending
Large shifts in structure of government revenues and spending In the first half of 2015, revenues to the consolidated budget (federal, regional and local governments, plus state social funds) remain...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
IMF report clarifies issues on possible inclusion of yuan in SDR basket
IMF report clarifies issues on possible inclusion of yuan in SDR basket The IMF Board will decide this November on adding the Chinese yuan to the IMF’s Special Drawing Rights (SDR) basket reserve cu...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015