Russian economic growth accelerated
Russia Russian economic growth accelerated Rosstat’s preliminary estimate puts third-quarter GDP growth at 1.7 % y-o-y, well above the 0.7 % rate for the first six months of this year. The...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
The ruble continues to appreciate
Russia The ruble continues to appreciate The ruble’s official exchange rate dropped sharply after Russia invaded Ukraine, falling as low as 120 rubles to the dollar at one point. Since then, the rub...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian economy began to contract in April
Russia Russian economy began to contract in April The impacts of Russia’s unprovoked attack on Ukraine are now beginning to emerge on a wider scale throughout the Russian economy. The scale of impac...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian export earnings near all-time highs; capital outflows increase
Russia Russian export earnings near all-time highs; capital outflows increase Preliminary balance-of-payments figures from the Central Bank of Russia show that the value of Russia’s exports of goods...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russian central bank keeps key rate unchanged
Russia,economy Russian central bank keeps key rate unchanged Last Friday (July 28), the governing board of the Central Bank of Russia decided to hold its key rate at 9 %. The board noted that inflat...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Effects of the coronavirus on the Russian economy remain limited for now
Russia Effects of the coronavirus on the Russian economy remain limited for now As there is still large uncertainty on the duration and extent of the coronavirus epidemic, the potential impact on th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
The 2021 harvest was smaller than in previous years
Russia The 2021 harvest was smaller than in previous years According to preliminary figures released by Rosstat, Russia’s grain harvest last year was about 121 million metric tons. In comparison to ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Finnish-Russian trade stages a comeback in the first half of this year
Russia Finnish-Russian trade stages a comeback in the first half of this year The value of goods and services exported from Finland to Russia rose by 11 % y-o-y in the first half of this year. ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russian GDP contracts in November; inflation soars
Russian GDP contracts in November; inflation soars The economy ministry estimates 12-month GDP fell 0.5 % in November. While much of the drop reflected a sharp decline in manufacturing output, the d...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Recent restrictions on Russian trade add to challenges facing Ukraine’s new leadership
Russia Recent restrictions on Russian trade add to challenges facing Ukraine’s new leadership The serious issues in Russia-Ukraine relations since the annexation of Crimea have been amplified by the...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Ruble struggles and Russian share prices slide as US adds sanctions, oil prices fall and emerging markets face problems
Russia Ruble struggles and Russian share prices slide as US adds sanctions, oil prices fall and emerging markets face problems Since the end of July, the Russian ruble has lost about 6 % of its valu...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Number of confirmed covid-19 cases continues to grow; only moderate tightening of restrictions
Russia Number of confirmed covid-19 cases continues to grow; only moderate tightening of restrictions The daily number of new confirmed cases of covid-19 in Russia has exceeded 25,000 for the past t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Latest BOFIT forecast sees Russian economy contracting by 4 % this year and imports falling by 25 %
Russia Latest BOFIT forecast sees Russian economy contracting by 4 % this year and imports falling by 25 % While Ukraine bears the heaviest humanitarian and economic losses from Russia’s b...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Latest forecast sees Russian growth slowing in years ahead
Russia,economy,BOFIT Weekly Review Latest forecast sees Russian growth slowing in years ahead On Monday (Mar. 24), BOFIT held its annual Russia briefing (in Finnish) to address Russia’s economy and ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Moscow stock exchange’s dollar-denominated RTS index declined 8 % last year
Russia Moscow stock exchange’s dollar-denominated RTS index declined 8 % last year With over half of the RTS general index weighting consisting of companies in the oil and gas sector, it is eas...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian foreign debt declined last year
Russia Russian foreign debt declined last year Russians owed roughly 450 billion dollars to foreign (non-resident) entities at the start of this year. Russia’s foreign debt, measured in dollars, fel...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian export earnings rather flat; recovery in imports continues to stall
Russia Russian export earnings rather flat; recovery in imports continues to stall Central Bank of Russia balance-of-payments figures show that earnings from exports of goods and services, which had...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Uneven growth outlooks for countries in CIS region
Russia Uneven growth outlooks for countries in CIS region Uneven growth outlooks for countries in CIS region The latest IMF forecasts predict GDP growth for nearly all countries in the CIS region t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
CBR further lowers key rate
Russia CBR further lowers key rate On April 29, following improving conditions on financial markets and falling price instability risks, the Central Bank of Russia lowered its key rate by 300 basis ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian inflation accelerates slightly in January
Russia Russian inflation accelerates slightly in January Consumer price inflation rose 5.0 % y-o-y in January. In particular, higher food prices since last summer appear to driving inflation. R...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019