Russia has enjoyed relatively stable economic conditions during the first two months of this year
Russia Russia has enjoyed relatively stable economic conditions during the first two months of this year Several Russian economic indicators for January and February suggest that production and cons...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
BOFIT Forecast 2021−2023 for Russia sees recovery amid exceptionally large risks
Russia BOFIT Forecast 2021−2023 for Russia sees recovery amid exceptionally large risks Our latest Forecast for Russia sees Russian GDP recovering from last year’s 3 % dip by growing nearly 3&#...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russia expands price monitoring significantly; food prices under pressure to rise
Russia Russia expands price monitoring significantly; food prices under pressure to rise A government regulation will extend price monitoring widely by including a monitoring list of goods and servi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Separate development plan approved for areas near Chinese border in Russia’s Far East regions
Separate development plan approved for areas near Chinese border in Russia’s Far East regions In recent years, Russia has focused greater attention on its Far Eastern regions, but despite development...
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
Finnish investment in Russia continues to heavily exceed Russian investment in Finland
Finnish investment in Russia continues to heavily exceed Russian investment in Finland Statistics Finland (SF) reports that the stock of Finland’s foreign direct investment (FDI) in 2014 amounted to ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
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 restarts gas deliveries to Ukraine; air travel between the two countries set to end
Russia restarts gas deliveries to Ukraine; air travel between the two countries set to end Having received from Naftogaz a $230 million advance payment for next winter’s gas, Gazprom this week again ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russia’s third-quarter exports and imports figures fall to 2010 levels
Russia’s third-quarter exports and imports figures fall to 2010 levels Preliminary balance-of-payments figures from the Central Bank of Russia show earnings on exports of goods and services fell yet ...
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
Finnish exports to Russia down sharply in the first half, exports to other countries unchanged
Finnish exports to Russia down sharply in the first half, exports to other countries unchanged Finnish goods exports to Russia amounted to €1.5 billion in the first half, down by a third from a year ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Falling oil prices weaken the ruble and increase risks to Russia’s economy
Falling oil prices weaken the ruble and increase risks to Russia’s economy The ruble’s slide accelerated after the price of Urals-grade crude oil approached the $40 mark last week. The ruble has los...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
IMF’s annual Article IV consultation with Russia raised a wide range of economic issues
IMF’s annual Article IV consultation with Russia raised a wide range of economic issues The expert mission conducting the International Monetary Fund’s latest Article IV Consultation projects the Rus...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russia imposes price controls in response to rising prices on certain food items
Russia Russia imposes price controls in response to rising prices on certain food items The month-on-month rise in consumer prices accelerated significantly in October and especially in November. Th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Number of banks operating in Russia still declining, but not as fast as earlier
Russia Number of banks operating in Russia still declining, but not as fast as earlier Central Bank of Russia governor Elvira Nabiullina declared that the purging of unhealthy banks from the sector ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russia-US economic relations unlikely to improve under the new US administration
Russia Russia-US economic relations unlikely to improve under the new US administration The long-prevailing modest state of economic relations between Russia and the United States has been further c...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russia to rein in government budget spending in coming years to deal with deficit
Russia Russia to rein in government budget spending in coming years to deal with deficit The finance ministry just released its government sector finances framework for 2021−2023. The plan covers th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Foreign direct investment inflow to Russia last year was lower than in 2009
Foreign direct investment inflow to Russia last year was lower than in 2009 Inbound foreign direct investment flow to Russia last year fell to $21 billion, down from an average of $55 billion a year...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russia’s low unemployment partly reflects a shift of dismissed workers to the shadow economy
Russia’s low unemployment partly reflects a shift of dismissed workers to the shadow economy Based on ILO methodology, Russia’s unemployment rate was 5.8 % in April. The unemployment rate has climbe...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015