Ukraine gets new IMF programme
Ukraine Ukraine gets new IMF programme At its meeting this Tuesday (Dec. 18), the executive board of the International Monetary Fund (IMF) voted to grant Ukraine a new Stand-By Arrangement (SBA). Th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Little progress in reducing poverty, even as Russian living conditions generally improve
Russia Little progress in reducing poverty, even as Russian living conditions generally improve Every two years, Rosstat conducts a large nationwide household survey that covers widely living c...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
China's current account surplus shrinks; foreign currency reserves increase
China China's current account surplus shrinks; foreign currency reserves increase New balance-of-payments data show that China's current account surplus for the first nine months of this yea...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian exports down, imports up in first quarter
Russian exports down, imports up in first quarter Preliminary balance-of-payments figures released by the Central Bank of Russia show that the value of Russia’s exports of goods and services in Janua...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
China’s president Xi visited US
China’s president Xi visited US During his late-September visit to the US, Chinese president Xi Jinping discussed topics ranging from deeper economic cooperation to cybersecurity. Xi promised to impr...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian inflation averaged 11.4 % in 2014
Russian inflation averaged 11.4 % in 2014 Inflation staged a dramatic pickup in November and December. Preliminary Rosstat figures show food prices increasing at an on-year rate above 15 % in Decembe...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Several hundred firms in Finnish ownership in Russia
Several hundred firms in Finnish ownership in Russia The latest figures from Statistics Finland show 380 subsidiaries of Finnish firms operating in Russia in 2013. The net sales of Finnish subsidiar...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russia’s foreign debt remains unchanged
Russia’s foreign debt remains unchanged The Central Bank of Russia estimates that Russia’s foreign debt stood at nearly $560 billion (30 % of GDP) as of end-June. Russia’s second-quarter foreign deb...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Finnish-Russian trade scraping bottom
Finnish-Russian trade scraping bottom The value of Finnish goods exported to Russia in the first nine months of this year was down by a third from the same period in 2014. Despite slightly better pe...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian central bank continues accommodating monetary policy
Russia Russian central bank continues accommodating monetary policy Russian central bank continues accommodating monetary policy At its regular meeting last week, the Central Bank of Russia's b...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
China concerned about slowing growth
China China concerned about slowing growth Official figures show China's 12-month GDP growth slowed marginally in the second quarter to 6.7 %. Readings of the two major purchasing manager indice...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Assessing true condition of China's public sector finances remains challenging
China Assessing true condition of China's public sector finances remains challenging Assessing true condition of China's public sector finances remains challenging Under the draft proposal ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
China’s central bank continues monetary easing
China China’s central bank continues monetary easing The People’s Bank of China has decided to lower the reserve requirement ratio (RRR) by one percentage point, effective October 15. The reserve re...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
IMF expects only modest Russian growth in coming years; decelerating growth in China
Russia,China IMF expects only modest Russian growth in coming years; decelerating growth in China The IMF’s latest World Economic Outlook sees the global economy growing by 3.7 % this year and ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia's special supplement to defence spending also affects next year
Russia's special supplement to defence spending also affects next year In the budget policy framework for 2017‒2019, the finance ministry foresees that defence spending will decrease sharply afte...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian exports take off with recovery in global demand for raw materials
Russia Russian exports take off with recovery in global demand for raw materials The value of Russian goods exports in the second quarter was up by 64 % y-o-y. Looking beyond the low reference ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russia wants to spur e-commerce
Russia Russia wants to spur e-commerce Russia wants to spur e-commerce The Russian administration has recently been enthused over digital economy and compiled related development programmes, most r...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
China’s top central banker lays out risks to the economy
China’s top central banker lays out risks to the economy At the press conference arranged during the party congress, central bank governor Zhou Xiaochuan fielded questions from the media on the condi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian defence industry continued to show fast growth last year
Russian defence industry continued to show fast growth last year Preliminary figures show that production of military and civilian products by Russia's defence-industrial complex (OPK) increased ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
CBR lowers key rate further to 8 %
Russia CBR lowers key rate further to 8 % The Central Bank of Russia surprised markets with its much larger-than-expected 150-basis-point cut in the key rate to 8 % from 25th July. In the ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022