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
Chinese CEFC to acquire 14 % stake in Russian oil giant Rosneft
Russia,China Chinese CEFC to acquire 14 % stake in Russian oil giant Rosneft The deal is valued at around 7.5 billion euros. The Russian state retains its majority position in Rosneft even if the de...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Steady rise in Russian industrial output
Russia Steady rise in Russian industrial output According to Russian Statistics Service, the volume of industrial output rose by 2.1 % y-o-y in the first quarter of 2019. The output volume for ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Survey paints dreary picture of Russian business conditions
Russia Survey paints dreary picture of Russian business conditions This autumn, the consulting firm PWC conducted a survey based on interviews with corporate representatives to get some notion of ho...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Statistics
BOFIT,statistics,Russia,China Russia statistics China statistics Alternative indicators of China's economic growth BOFIT statistics As the basis for research and analysis, BOFIT uses statisti...
Bofit.fi / Bofit homepage / Monitoring
Production and exports of natural gas declined last year
Russia Production and exports of natural gas declined last year The global economic recession caused by the covid-19 pandemic and last year’s warm winter caused demand for natural gas in Russia’s ma...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Robust third-quarter recovery in private consumption last year, Russian fixed investment contracted
Russia Robust third-quarter recovery in private consumption last year, Russian fixed investment contracted Revised figures show that Russian GDP shrank in the third quarter by 3.4 % y-o-y. For ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russian GDP contracted by 3.6 % in the third quarter
Russia Russian GDP contracted by 3.6 % in the third quarter Russia experienced an 8.0 % y-o-y drop in GDP in the second quarter as its economy struggled with the covid-19 pandemic and lock...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
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
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
Changes in area and country structure of Russian goods imports show some stabilisation
Changes in area and country structure of Russian goods imports show some stabilisation Russian customs figures show that the share of imports from EU countries inched down to 38 % in the first half o...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Timely CBR support measures avert banking sector panic
Russia Timely CBR support measures avert banking sector panic Russia’s invasion of Ukraine and the new Western sanctions that followed threatened to cause a massive run on bank deposits in Russia. T...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
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
Russian economy likely to remain in recession throughout 2023
#Russia Russian economy likely to remain in recession throughout 2023 The Russian economy went into a tailspin in the weeks immediately following Russia’s invasion of Ukraine and further escalation ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Russian GDP growth slows
Russia Russian GDP growth slows According to preliminary Rosstat estimates, Russian third-quarter GDP rose by 1.8 % y-o-y, down from 2.5 % in the second quarter. Growth appeared to slow on moderatin...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Tainted oil fouls Druzhba oil pipeline
Russia Tainted oil fouls Druzhba oil pipeline On April 19, Belarus reported detecting a large quantity of organic chlorides in the crude oil moving through the Druzhba (Friendship) pipeline. Pipelin...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian inflation reached 16.9 % in March
Russian inflation reached 16.9 % in March Russia last month returned to a level of consumer inflation not seen since 2002. Although the 12-month rise in prices soared, monthly inflation started to sl...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian population in decline
Russian population in decline At the end of last year, Russia has 146.2 million people living permanently in the country. Excluding the population living in Crimea, illegally annexed in 2014, Russia’...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Russian GDP contracted by 3 % last year; domestic demand revived in second half
Russia Russian GDP contracted by 3 % last year; domestic demand revived in second half Rosstat released revisions of Russia’s national accounts at the beginning of this month. While its earlier...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Oil price collapse drives down ruble and Russian stock markets
Russia Oil price collapse drives down ruble and Russian stock markets The slow decline in oil prices seen in the first two months of this year accelerated at the end of last week. On Monday (Mar. 9)...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020