Russian goods trade has recovered in recent months
Russia Russian goods trade has recovered in recent months With the recovery in demand, Russia’s imports of goods have quickly rebounded from last spring’s nadir. The value of imports in September wa...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russian carmakers have it rough
Russian carmakers have it rough Car sales in Russia have been in trouble for a while. Even with a mini-shopping-spree at the end of last year based on expectations of further ruble devaluation and hi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Trump signs new Russian sanctions bill
Russia,economy Trump signs new Russian sanctions bill The "Countering America's Adversaries Through Sanctions Act" tightens some of existing sanctions on Russia, creates the possibilit...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Latest BOFIT forecast sees Russian GDP growing this year, but sustaining growth will be difficult
Latest BOFIT forecast sees Russian GDP growing this year, but sustaining growth will be difficult BOFIT forecast sees 2 % GDP growth for this year, but a gradual fading in growth is underway alr...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Covid crisis reduces Russian real incomes to lowest level in a decade
Russia Covid crisis reduces Russian real incomes to lowest level in a decade The real disposable incomes of Russian households were down by nearly 5 % in the first quarter of this year compared...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russian foreign trade further on path to recovery, capital flows dwindle
Russia Russian foreign trade further on path to recovery, capital flows dwindle Preliminary balance-of-payments figures released by the Central Bank of Russia for the first quarter show that export ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Output in most branches of the Russian economy still below pre-invasion levels
#russia Output in most branches of the Russian economy still below pre-invasion levels Many branches of the Russian economy recorded growth in annual terms in April. The growth mainly reflects the w...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Russian economic output growth slowed and economic imbalances worsened in second half of 2024
Russia,economy,BOFIT Weekly Review Russian economic output growth slowed and economic imbalances worsened in second half of 2024 Slowing in output growth became more apparent at year’s end Prelimina...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Russian growth overall slows, in some branches and regions output has declined
Russia,economy,BOFIT Weekly Review Russian growth overall slows, in some branches and regions output has declined Preliminary Rosstat estimates show Russian GDP grew by 1.4 % y-o-y in the first quar...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
OPEC+ keeps production ceilings in place
Russia OPEC+ keeps production ceilings in place At the start of this week, the so-called OPEC+ league of oil producing countries reached agreement on extending production ceilings of its members by ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Kazakhstan’s acting president Tokayev wins presidential election
Russia Kazakhstan’s acting president Tokayev wins presidential election The tallied results from the presidential elections held last Sunday (June 9) show Kassym-Jomart Tokayev garnered 71 % of...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
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
National Welfare Fund now exceeds 11 % of GDP after transfers of last year’s excess oil and gas tax earnings
National Welfare Fund now exceeds 11 % of GDP after transfers of last year’s excess oil and gas tax earnings On March 19, Russia’s finance ministry reported that it had completed the final transfer o...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russian industrial output grew at a moderate pace last year
Russia Russian industrial output grew at a moderate pace last year Industrial output in 2018 was up 2.9 % from the previous year. However, seasonally-adjusted time series have shown little indicatio...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Uneven development in Russian regions last year
Russia Uneven development in Russian regions last year Uneven development in Russian regions last year While Russian industrial output and retail sales overall grew by about 1 % last year, industri...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
EU ban on imports of Russian coal goes into effect
Russia EU ban on imports of Russian coal goes into effect The EU’s ban on imports of Russian coal entered into force on August 10. The EU decision to ban Russian coal, which was made last April, inc...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian oil production volumes fell in April
Russia Russian oil production volumes fell in April The International Energy Agency (IEA) reports that Russian crude oil output averaged around 10 million barrels a day in the first three months of ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian firms give low marks to government agencies with respect to business environment improvement
Russia Russian firms give low marks to government agencies with respect to business environment improvement Problems in public administration present a long-standing barrier to improving the busines...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
New OPEC+ agreement on oil production ceilings fails to calm markets
Russia* New OPEC+ agreement on oil production ceilings fails to calm markets At a meeting on Monday (Apr. 12) of the OPEC+ group of oil-producing countries (led by Saudi Arabia and Russia), the part...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
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