Boom in Chinese tourism balances goods trade surplus
Boom in Chinese tourism balances goods trade surplus The goods trade surplus hit record highs again in January and February, with exports rising 15 % y-o-y and imports dropping by 20 % y-o-y. The gro...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Despite falling inflation, inflation risks in Russia continue to mount
Despite falling inflation, inflation risks in Russia continue to mount At its scheduled inflation meeting at the end of April, the executive board of the Central Bank of Russia left the key rate unch...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
No big changes at the start of the year in China's economic situation
No big changes at the start of the year in China's economic situation The basic economic data for January and February released this week offered no big surprises. Industrial output grew by 6 % y...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Hong Kong rocked economically and politically by mainland moves
China Hong Kong rocked economically and politically by mainland moves The Hong Kong Census and Statistics Department reports that the special administrative region’s GDP grew by just 0.6 % y-o-...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian export earnings up significantly in 2018
Russia Russian export earnings up significantly in 2018 Preliminary balance-of-payments figures for the fourth quarter of 2018 show Russian revenues from exports of goods & services were up near...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
China want to make the Pearl River Delta a world-class urban centre
China China want to make the Pearl River Delta a world-class urban centre Last week, a high-level working group held its initial meeting in Beijing to discuss development plans of the Pearl River De...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian households cut back on spending, durable goods most affected
Russia Russian households cut back on spending, durable goods most affected Household spending on goods and services fell by 7 % y-o-y in real terms in the second and third quarters. Household ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia plans on increasing government spending next year; fighting inflation could become more difficult
Russia,economy Russia plans on increasing government spending next year; fighting inflation could become more difficult Federal budget revenues and spending set to rise next year Russia’s new budget...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Russian export earnings and imports decrease sharply; net capital outflow moderate
Russia Russian export earnings and imports decrease sharply; net capital outflow moderate Preliminary balance-of-payments figures released by the Central Bank of Russia show that the country’s reven...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Latest Forecast for Russia
Russia,Forecast BOFIT Forecast for Russia 2026–2028 1/2026, published on 30 March 2026 Growth of the Russian economy slowed to 1 percent last year. Weaker trends in private consumption and fixed inv...
Bofit.fi / Bofit homepage / Forecasting
Central bank of China boosts liquidity of money markets ahead of New Year's holiday week
Central bank of China boosts liquidity of money markets ahead of New Year's holiday week The People's Bank of China has increased the money supply via open market operations, credit instrumen...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
China to lower bank reserve requirements in January
China China to lower bank reserve requirements in January China to lower bank reserve requirements in January The People's Bank of China announced on September 29 a 50 to 150 basis-point reduct...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Critical reports from Accounts Chamber on economic forecast that forms basis for Russia’s government budget projections generate questions about budget expenditures
Russia Critical reports from Accounts Chamber on economic forecast that forms basis for Russia’s government budget projections generate questions about budget expenditures Reports by Russia’s Accoun...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
China grows in significance for Finland as a goods importing country
China,economy,BOFIT Weekly Review China grows in significance for Finland as a goods importing country The success of Chinese exporters and growth of global market share is reflected also in the inc...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Russia hosts African leaders at first Russia-Africa summit
Russia Russia hosts African leaders at first Russia-Africa summit On October 23–24, Russia hosted the Africa-Russia Economic Forum in the Black Sea coastal city of Sochi. Egypt, the current chairman...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Officials in China seek to calm markets spooked by slowing growth
China Officials in China seek to calm markets spooked by slowing growth China’s National Bureau of Statistics reports that real on-year GDP growth was 6.7 % in the first nine months of this yea...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian president visits China
Russia Russian president visits China President Putin met with Chinese president Xi and attended the Shanghai Cooperation Organisation summit last week. As usual, during the presidents' meeting ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Declining ruble exchange rate has sharply lowered external value of wages in all branches
Declining ruble exchange rate has sharply lowered external value of wages in all branches The average monthly Russian wage between April 2015 and March 2016 was €500. In manufacturing, it was about €...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
China’s inflation largely unchanged in April
China’s inflation largely unchanged in April China’s National Statistics Bureau reports that consumer prices rose 2.3 % y-o-y in April and that 12-month core inflation (not including food and energy ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
China’s current account surplus grew last year
China’s current account surplus grew last year Preliminary balance-of-payments figures show China’s 2015 current account surplus amounted to $293 billion, or 2.7 % of GDP. The goods trade surplus of ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016