In Russian labour markets wages adjust downwards relatively easily
In Russian labour markets wages adjust downwards relatively easily The Centre for Strategic Research, an institute headed by former finance minister Alexei Kudrin, recently released a wide-reaching r...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian services trade grew last year
Russia Russian services trade grew last year The Central Bank of Russia reports that services exports last year rose by 12 % and service imports by 7 %. Thanks to some extent to the FIFA World Cup, ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian foreign trade contracts slightly
Russia Russian foreign trade contracts slightly Preliminary balance-of-payments figures released by the Central Bank of Russia show that Russian earnings from exports of goods and services fell in t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Sluggish growth in Russian foreign trade
Russia Sluggish growth in Russian foreign trade Russian customs reports that Russia’s goods exports, measured in dollar terms, rose a mere 1.4 % y-o-y in the first quarter of this year (they ro...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
WTO panel confirms Russian import duty violations
WTO panel confirms Russian import duty violations A WTO panel last week agreed with the EU’s claim, filed at the end of 2014, that Russia has levied excessive import duties on certain goods. The pane...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian exports and imports sink below 2010 levels
Russian exports and imports sink below 2010 levels Preliminary 2015 balance-of-payments figures released by the Central Bank of Russia show that the 2010 level was hit in the third quarter in both r...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Contraction of Russian GDP continued in the third quarter
Russia Contraction of Russian GDP continued in the third quarter Preliminary Rosstat figures show that Russian GDP contracted by 4 % y-o-y in the July-September period (second quarter contracti...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian central bank further eases monetary policy
Russia Russian central bank further eases monetary policy At an unscheduled meeting on May 26, the Central Bank of Russia decided to lower the key rate by 300 basis points to 11 %. This was a t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Finnish-Russian trade continues to shrink
Finnish-Russian trade continues to shrink The value of Finland’s goods exports to Russia fell 11 % y-o-y in the first half of the year to €1.3 billion. The slide in exports slowed in the spring, but ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Few surprises in Duma election
Russia Few surprises in Duma election On September 17–19, Russian voters went to the polls to select their next set of lower-house Duma deputies. Due to the restrictions keeping opposition candidate...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Growth in Finnish-Russian trade subsides
Russia Growth in Finnish-Russian trade subsides Ruble depreciation has had a dampening effect on the growth of Finnish exports to Russia this year. While the value of Finland’s imports from Russia h...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Finnish-Russian trade dips in first quarter
Russia Finnish-Russian trade dips in first quarter The value of Finland’s goods exports to Russia in the first three months of this year decreased by 5 % y-o-y to 722 million euros. Export tren...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russian economic growth expected to slow this year
Russia Russian economic growth expected to slow this year The Russian economy recovered briskly last year from the Covid Recession, with GDP returning to pre-crisis levels already last summer. The p...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Despite signs of economic recovery, imbalances in the Russian economy continue to grow
#russia Despite signs of economic recovery, imbalances in the Russian economy continue to grow Ruble depreciation While Yevgeny Prigozhin’s short-lived insurrection had little immediate economic con...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Finland posted weak performances last year in goods and services trade with China
BOFIT Weekly Review,China Finland posted weak performances last year in goods and services trade with China The weak performance of Finnish goods exports to China continued last year. Finnish Custom...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2026
Finnish-Russian trade contracted last year
Finnish-Russian trade contracted last year The value of Finnish goods exports to Russia last year was just €4.6 billion, its lowest level since 2009. While the value of exports was down 14 % y-o-y fo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian growth fades, budget spending up sharply
Russian growth fades, budget spending up sharply Total output growth slowed in recent months Based on the monthly estimate released by Russia’s ministry for economic development, on-year GDP growth ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Latest BOFIT forecast sees Russian economy returning to modest growth next year
Russia Latest BOFIT forecast sees Russian economy returning to modest growth next year The coronavirus pandemic and turbulence in the global oil markets have battered the Russian economy this year. ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russian crude oil production hits record levels
Russia Russian crude oil production hits record levels Russian crude oil production (including gas condensates) last year edged up by a percent. The output was 560 million tons (11.3 million barrels...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russian imports suffer as economy falters
Russian imports suffer as economy falters Preliminary Rosstat figures show the pace of contraction in Russian GDP reached 4.6 % y-o-y in the second quarter of this year. At the same time, the dollar ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015