While China’s car exports to Russia collapse, other exports continue to grow
China,economy,BOFIT Weekly Review While China’s car exports to Russia collapse, other exports continue to grow China Customs reports that Chinese goods exports to Russia fell overall by 9 % y-o-y in...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Rising government spending and rapid wage growth fuel demand and economic imbalances in Russia
Russia Rising government spending and rapid wage growth fuel demand and economic imbalances in Russia Government spending continues to climb Preliminary figures from Russia’s finance ministry show f...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Intra-elite competition increasingly reflected in institutional behaviour in Russia and the economy more broadly
Russia Intra-elite competition increasingly reflected in institutional behaviour in Russia and the economy more broadly Observers note that the Duma’s increasingly proactive role in legislating and ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
IMF Article IV consultation reiterates calls for Russia to maintain economic stability and move on reforms
Russia IMF Article IV consultation reiterates calls for Russia to maintain economic stability and move on reforms The International Monetary Fund (IMF) reports that Russian GDP grew by 0.5 % a&...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia’s contribution to global oil, gas and coal production held steady last year
Russia Russia’s contribution to global oil, gas and coal production held steady last year British Petroleum’s (BP) latest issue of its Statistical Review of Global Energy finds that Russia accounted...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia tries to promote the ruble by easing the repatriation requirement for export earnings
Russia Russia tries to promote the ruble by easing the repatriation requirement for export earnings The fresh law amendment applies to ruble-denominated export contracts, where the contracts also ca...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Progress in two natural gas transhipment terminals in Russia’s Arctic and Pacific coasts
Russia Progress in two natural gas transhipment terminals in Russia’s Arctic and Pacific coasts In March, Russian officials granted permits to the Russian gas company Novatek for siting a liquefied ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Global energy market trends not expected to cause big changes for Russia in near term
Russia Global energy market trends not expected to cause big changes for Russia in near term The base scenario used in this year’s World Energy Outlook from the International Energy Agency (IEA) for...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
First highway bridge across the Amur river joining Russia and China is finally ready
Russia First highway bridge across the Amur river joining Russia and China is finally ready China and Russia signed an initial agreement on construction of the Amur road bridge in 1995. Construction...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Central Bank of Russia resumes forex-buying mandated by fiscal rule
Russia Central Bank of Russia resumes forex-buying mandated by fiscal rule On January 15, the Central Bank restarted its foreign currency buying tied to the government’s fiscal rule after a five mon...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Oil revenues also boost Russia’s foreign currency and gold reserves
Russia Oil revenues also boost Russia’s foreign currency and gold reserves The CBR reports that the value of its foreign currency and gold reserves at the end of last year climbed to 554 billion dol...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russia's import recovery slows; outflows of private capital increase slightly
Russia Russia's import recovery slows; outflows of private capital increase slightly Measured in US dollars, the official currency for reporting the value of Russian foreign trade and balance-of...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Hundreds of foreign firms continue to do business in Russia despite huge risks
Hundreds of foreign firms continue to do business in Russia despite huge risks With Russia’s all-out war of aggression on Ukraine in February 2022 and the wide-ranging economic sanctions it triggere...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
China-Russia trade continued to strengthen in first quarter of this year
China-Russia trade continued to strengthen in first quarter of this year China’s imports from Russia have increased substantially faster than exports to Russia since February 2022. As a result, China...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Russia's public sector finances recover this year; tightening expected next year
Russia Russia's public sector finances recover this year; tightening expected next year Russia's public sector finances recover this year; tightening expected next year The finance ministry...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Much of Russia's GDP growth spurt last spring came from inventories
Russia Much of Russia's GDP growth spurt last spring came from inventories Much of Russia's GDP growth spurt last spring came from inventories Russian GDP grew in April-June by 2.5 % y-o-y....
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Yuan’s role in Russia’s foreign trade continues to grow
#russia Yuan’s role in Russia’s foreign trade continues to grow As a result of sanctions and the decision by many Western firms to sever ties with Russia, most major Russian banks no longer can hand...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Russia needs to find new export markets for oil ahead of EU sanctions entering into force
Russia Russia needs to find new export markets for oil ahead of EU sanctions entering into force The EU ban on imports of Russian crude oil enters into force on December 5. The ban applies to seabor...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
The fastest recovery phase for Russia's government budgets is over
Russia The fastest recovery phase for Russia's government budgets is over The fastest recovery phase for Russia's government budgets is over The recovery of revenues to the consolidated bud...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Alexei Ulyukayev, Russia's former economy minister, convicted of soliciting bribes
Russia Alexei Ulyukayev, Russia's former economy minister, convicted of soliciting bribes Alexei Ulyukayev, Russia's former economy minister, convicted of soliciting bribes Ulyukayev was ar...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017