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
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
Russia’s current account surplus contracted in the third quarter of this year
Russia Russia’s current account surplus contracted in the third quarter of this year Preliminary balance-of-payments figures from the Central Bank of Russia show that earnings on exports of goods an...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Government fixed investment soars in Russia as corporate fixed investment remains weak
Russia Government fixed investment soars in Russia as corporate fixed investment remains weak Rosstat reports that fixed investment rose in real terms as much as by 4 % y-o-y in the second quar...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Ukrainian Black Sea grain shipments resume with UN-brokered agreement between Ukraine and Russia
Russia Ukrainian Black Sea grain shipments resume with UN-brokered agreement between Ukraine and Russia On July 27, 2022, Ukraine, Russia, Turkey and the UN signed an agreement allowing resumption o...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
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
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
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's government sector deficit shrinks, the reserve fund will increase
Russia Russia's government sector deficit shrinks, the reserve fund will increase In the first quarter of this year, revenues to the consolidated budget (federal, regional and local budgets plus...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
No large economic policy changes expected from Russia's new cabinet
Russia No large economic policy changes expected from Russia's new cabinet On May 18 president Vladimir Putin approved the new cabinet proposed by prime minister Medvedev, consisting of 10 deput...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia’s deposit insurance agency is given the administration of Yugra Bank
Russia Russia’s deposit insurance agency is given the administration of Yugra Bank Russia’s deposit insurance agency is given the administration of Yugra Bank In terms of total assets, Yugra is Rus...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Ruble and stock markets tumble on Russia’s February 24 invasion of Ukraine
Russia Ruble and stock markets tumble on Russia’s February 24 invasion of Ukraine The ruble’s exchange rate has fallen to historical lows this week. Western sanctions have blocked the Central Bank o...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
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...
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 ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
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...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Even confirmed coronavirus infections soar in Russia, officials remain cautious about imposing new restrictive measures
Russia Even confirmed coronavirus infections soar in Russia, officials remain cautious about imposing new restrictive measures The number of new confirmed covid-19 infections in Russia has risen cle...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
World Bank Doing Business report shows no major changes in Russia’s business regulation last year
World Bank Doing Business report shows no major changes in Russia’s business regulation last year Russia ranked 51st out of 189 countries examined in the World Bank Group’s annual Doing Business repo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russia’s consolidated budget deficit fairly small so far this year
Russia’s consolidated budget deficit fairly small so far this year The consolidated budget (which combines federal, regional and municipal budgets, plus state social funds) showed a January-September...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Number of people in Russia living below minimum subsistence level up markedly
Number of people in Russia living below minimum subsistence level up markedly Largely stemming from last winter’s burst in inflation, real household incomes have been 4–5 % smaller on an on-year bas...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russia plans to increase food self-sufficiency goals, import bans not helping
Russia plans to increase food self-sufficiency goals, import bans not helping The draft for Russia’s updated national food security agenda calls for raising the degree of self-sufficiency to at least...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015