Pandemic halts growth of Russian insurance markets
Russia Pandemic halts growth of Russian insurance markets Russia’s insurance markets grew by over 10 % per year in 2016 to 2018. Last year, however, growth was essentially non-existent, due in ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
CBR keeps key rate unchanged
CBR keeps key rate unchanged At the regular meeting last Friday (July 29), the board of the Central Bank of Russia decided to keep the key rate unchanged. The 10.5 % key rate has been in place since ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Sluggish trends in Russian goods trade last year
Russia Sluggish trends in Russian goods trade last year Rosstat’s preliminary breakdown of GDP categories indicates that the overall volume of Russian exports of goods and services decreased by abou...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Tepid performance for Russian foreign trade in 2019; capital flows closer to balance
Russia Tepid performance for Russian foreign trade in 2019; capital flows closer to balance Preliminary balance-of-payments figures from the Central Bank of Russia show that revenues from exports of...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
New sanctions reduce export price of Russian oil
Russia,BOFIT Weekly Review New sanctions reduce export price of Russian oil In late October, the United States placed Russia’s two largest oil producers, state-owned Rosneft and privately-held Lukoi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
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
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
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 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
Russian natural gas production grew briskly last year
Russia Russian natural gas production grew briskly last year After declining three years in a row, Russian natural gas production increased 8 % last year reaching 690 billion cubic metres (including...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian economic growth expected to slow sharply; new sanctions increase risks
Russia,BOFIT Weekly Review Russian economic growth expected to slow sharply; new sanctions increase risks Our latest BOFIT Forecast for Russia 2025–2027, released on Monday (Oct. 20), expects Russia...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Russian tourism abroad up in 2017
Russia Russian tourism abroad up in 2017 Tourism rebounded last year in response to the mild economic recovery and ruble appreciation. Russians made 40 million journeys abroad and spent $31 billion ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian expenditure on travel services abroad grew slightly last year
Russia Russian expenditure on travel services abroad grew slightly last year The Central Bank of Russia reports that Russians last year spent 34 billion dollars on travel services abroad, a 9&#...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian currency reserves rose by 55 billion dollars last year
Russian currency reserves rose by 55 billion dollars last year The largest gains came from exchange rate fluctuations and gold reserves. Increase due to transactions was 23 billion dollars. Under the...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian oil production hits peak in September
Russia Russian oil production hits peak in September Russia’s energy ministry reports that Russian crude oil production in September exceeded by a small margin its previous peak in the post-Sov...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian firms seek financing from China
Russian firms seek financing from China In response to sanctions imposed on Russia by Western countries that have limited access to financing, Russian firms have stepped up talks with the Chinese to ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Consumers under major strain in Russian regions, industries struggle
Consumers under major strain in Russian regions, industries struggle Russia has experienced a nationwide slump in private consumption. In the first quarter of this year, the volume of retail sales, a...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian foreign trade development remains muted
Russia Russian foreign trade development remains muted The value of Russian goods exports contracted by 5 % y-o-y in the first nine months of this year to a level of 390 billion dollars. The co...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian imports on the rise; modest capital flows
Russia Russian imports on the rise; modest capital flows Preliminary balance-of-payments figures from the Central Bank of Russia show that the value of Russian imports of goods and services in dolla...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian first-quarter growth supported by extractive sector and certain service-sector branches
Russia Russian first-quarter growth supported by extractive sector and certain service-sector branches The latest Rosstat figures show Russia’s seasonally adjusted gross domestic product in the firs...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019