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Fixed investment by Russia's large and mid-sized firms still in low territory

Fixed investment by Russia's large and mid-sized firms still in low territory Rosstat reports that the recovery in seasonally adjusted total fixed investment continued in the fourth quarter of 20...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017

Industry recovers in Russia's federal districts, while retail sales continue to contract

Industry recovers in Russia's federal districts, while retail sales continue to contract Industrial output increased in 2016 in all of Russia's federal districts (FD), which encompass numerou...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017

Extraordinary budget measures in Russia boosted federal revenues and expenditures in late 2016

Extraordinary budget measures in Russia boosted federal revenues and expenditures in late 2016 Budget revenues were significantly increased with the sale of a minority stake in state oil giant Rosnef...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017

New data show distinctly milder recession in Russia than earlier reported

New data show distinctly milder recession in Russia than earlier reported Revised Rosstat GDP figures for 2015 show GDP contracted just 3 %, rather than 3.7 % as reported earlier. The new figures for...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017

BOFIT 25th Anniversary Conference examines evolutionary paths of Russia and other post-communist systems

BOFIT 25th Anniversary Conference examines evolutionary paths of Russia and other post-communist systems The first keynote address, delivered by Professor Gerárd Roland (University of California...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016

Russia's special supplement to defence spending also affects next year

Russia's special supplement to defence spending also affects next year In the budget policy framework for 2017‒2019, the finance ministry foresees that defence spending will decrease sharply afte...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016

Government subsidies keep Russia’s inefficient car producers on life support

Government subsidies keep Russia’s inefficient car producers on life support The economy ministry last week released a study that found that Russia’s car industry received state subsidies of about 40...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016

China’s goods exports to Russia decline while bilateral trade deficit rises

China China’s goods exports to Russia decline while bilateral trade deficit rises China Customs reports that the value of goods exports to Russia shrank by 17 % y-o-y in June. In response to Ru...

Subject: China ; Kiina

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022

Russia’s economic downturn is felt in government budget revenues; military spending soars

Russia Russia’s economic downturn is felt in government budget revenues; military spending soars Nominal federal budget revenues were up by 34 % y-o-y in the first four months of 2022. Revenue ...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022

Impacts of Ukraine invasion on Russia’s economy already apparent in March

Russia Impacts of Ukraine invasion on Russia’s economy already apparent in March Rosstat preliminary figures show Russian first-quarter GDP growing by 3.5 % y-o-y. Rosstat figures further show ...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022

Growth in China’s foreign trade slowed in March; exports to Russia fell

China Growth in China’s foreign trade slowed in March; exports to Russia fell The latest foreign trade figures released by China Customs show that the value of goods exports in January-March grew by...

Subject: China ; Kiina

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022

Russia imposes new procurement restrictions on the public sector and state enterprises

Russia imposes new procurement restrictions on the public sector and state enterprises Most public sector food procurement (including fish, meat, milk and rice) must now favour domestic producers (Eu...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016

BOFIT Russia forecast sees slow recoveries for the economy and imports

BOFIT Russia forecast sees slow recoveries for the economy and imports The GDP contraction in the first half was mild (less than 1 % y-o-y), given that the oil price was 30 % lower than in 1H15 and o...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016

Consumption continued to fall in Russia in August; production picked up slightly

Consumption continued to fall in Russia in August; production picked up slightly The volume of retail sales (seasonally and workday-adjusted) has fallen for 20 consecutive months. Retail sales were d...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016

Russia on shaky ground in its ability to service foreign debt

Russia Russia on shaky ground in its ability to service foreign debt The restrictions imposed to support the ruble and Russia’s financial markets have made it difficult for firms to conduct normal f...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022

Russia’s foreign currency reserves swell to highest level in years

Russia Russia’s foreign currency reserves swell to highest level in years As of end-September, the value of Russia’s foreign currency and gold reserves reached 531 billion dollars, its highest level...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019

Russia and Turkey want to increase bilateral use of their currencies

Russia Russia and Turkey want to increase bilateral use of their currencies At the beginning of this month, Russia and Turkey signed an agreement that seeks, among other things, to increase the use ...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019

Stimulus included in Russia’s 2020−2022 government sector budget framework

Russia Stimulus included in Russia’s 2020−2022 government sector budget framework The finance ministry’s three-year fiscal framework covers the entire consolidated budget. That includes the federal ...

Subject: Russia ; Venäjä

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...

Subject: Russia ; Venäjä

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&...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019