Russian foreign trade continues to recover; capital outflows up slightly
Russia Russian foreign trade continues to recover; capital outflows up slightly Russian revenues from goods and services exports, as well as spending on goods and services imports were each up rough...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
No signs of improvement for the Russian economy
#Russia No signs of improvement for the Russian economy Rosstat reports that industrial output contracted by 2 % y-o-y in January-February. Mining & quarrying production fell by 3.1 %,...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Arms sales still a minor share of Russian exports
Arms sales still a minor share of Russian exports President Putin recently put the value of Russian arms exports last year at just over $15 billion, only a few per cent more than in 2015. Arms export...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian foreign debt turned to slight growth last year
Russian foreign debt turned to slight growth last year At the end of 2017, Russia's foreign debt was about 530 billion dollars, an increase of 3 % y-o-y. Russian banks continued to pay down forei...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Few surprises in Putin’s state-of-the-nation address
Few surprises in Putin’s state-of-the-nation address President Putin delivered his annual state-of-the-nation address last week at the Kremlin to a packed audience of Duma deputies, Federation Counci...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Oil & gas sector still dominates Russian business
Oil & gas sector still dominates Russian business The Russian business weekly Expert finds that firms operating in the oil & gas sector continued to dominate in its annual list of Russia’s 40...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian GDP back to pre-covid levels
Russia Russian GDP back to pre-covid levels Preliminary figures from Rosstat show that Russia’s gross domestic product rose by 10.3 % y-o-y in the second quarter. Russia struggled with the deep...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
CBR releases elaborated assessment of foreign debt servicing payments through end of this year
CBR releases elaborated assessment of foreign debt servicing payments through end of this year The Central Bank of Russia estimates the actual amount for foreign debt of banks and non-bank corporatio...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
National Welfare Fund again close to 12 % of Russian GDP
Russia National Welfare Fund again close to 12 % of Russian GDP At the end of 2020, Russia’s “excess” earnings on energy and higher share prices boosted the value of the National Welfare Fund t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russian foreign debt declined last year
Russian foreign debt declined last year Preliminary figures from the Central Bank of Russia put the country’s foreign debt at $515 billion at the end of 2015. Foreign debt fell in 4Q15 by just over $...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Sharp second-quarter contraction in Russian GDP
Russia Sharp second-quarter contraction in Russian GDP Preliminary Rosstat data show the country’s GDP fell by 8.5 % y‑o‑y in the second quarter of 2020. The drop was slightly less than many fo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
CBR launches English-language research paper series
CBR launches English-language research paper series The central bank’s new Working Paper Series includes papers on inflation indicators, functioning of the loan markets and modelling of the Russian e...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian GDP grew by 1.6 % in the first quarter
Russia Russian GDP grew by 1.6 % in the first quarter While growth slowed slightly from 2.1 % y-o-y in the fourth quarter of 2019, it was a relatively good performance on the cusp of the C...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russian spending on private insurance increases
Russia Russian spending on private insurance increases The Central Bank of Russia reports that in 2018 Russians paid a total of 1.48 trillion rubles (20 billion euros) for various types insurance (e...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Nord Stream 2 gas pipeline construction continues; EU reaches preliminary agreement on gas directive changes
Russia Nord Stream 2 gas pipeline construction continues; EU reaches preliminary agreement on gas directive changes The first Nord Stream natural gas pipeline was completed in 2012. The Nord Stream ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Industrial output in Russian regions rises, while consumption gradually recovers
Russia,economy Industrial output in Russian regions rises, while consumption gradually recovers Industrial output growth continuedin the first half of this year in all of Russia's eight federal ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Major forecasts for the Russian economy anticipate a large contraction this year along with sharp drops in exports and imports
Russia Major forecasts for the Russian economy anticipate a large contraction this year along with sharp drops in exports and imports The latest batch of forecasts released in April and May see the ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
CBR keeps its key rate at a record high 20 % level
Russia CBR keeps its key rate at a record high 20 % level At its scheduled meeting on March 18, the Central Bank of Russia’s board decided to keep the key rate unchanged at the unprecedented le...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Topics at BOFIT 30th Anniversary Conference include central bank digital currencies and the impacts of sanctions on foreign trade
Russia,China Topics at BOFIT 30th Anniversary Conference include central bank digital currencies and the impacts of sanctions on foreign trade Last Tuesday (Nov. 9), the Bank of Finland Institute fo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Prices of oil and other major Russian export commodities up sharply; ruble barely appreciates
Russia Prices of oil and other major Russian export commodities up sharply; ruble barely appreciates Oil prices on world markets have climbed by about 20 % over the past six weeks. This week, t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021