Russian export earnings and imports decrease sharply; net capital outflow moderate
Russia Russian export earnings and imports decrease sharply; net capital outflow moderate Preliminary balance-of-payments figures released by the Central Bank of Russia show that the country’s reven...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
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
Import disputes in the Eurasian Economic Union
Import disputes in the Eurasian Economic Union Kazakhstan announced last week that it would pull certain Russian food items off the shelves as they failed to comply with Kazakhstan’s food safety reg...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian GDP growth to remain at last year’s level boosted by higher commodity prices this year, growth will decelerate in 2027 and 2028
BOFIT Weekly Review,Russia Russian GDP growth to remain at last year’s level boosted by higher commodity prices this year, growth will decelerate in 2027 and 2028 Russia’s economic outlook, the cost...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2026
Russian share prices up this year; substantial growth in bond markets
Russia Russian share prices up this year; substantial growth in bond markets The revival of investor interest in emerging markets has been apparent in Russia’s financial markets. Share prices this y...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
New bridges across Amur River are set to open soon
Russia New bridges across Amur River are set to open soon The Amur River, that flows into the Pacific Ocean, and its tributaries form the roughly 4,000-kilometre long border between Russia and China...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
FIFA World Cup provides small boost to Russian economic growth
Russia FIFA World Cup provides small boost to Russian economic growth Russia's FIFA World Cup Local Organising Committee (LOC) reports that the soccer tournament drew nearly 600,000 foreign spec...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian GDP growth slowed in the first quarter of this year
Russia Russian GDP growth slowed in the first quarter of this year The latest Rosstat figures show that seasonally adjusted GDP in the first quarter increased by 0.5 % from the previous quarter...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
No decision yet on extending Russian oil production cuts
No decision yet on extending Russian oil production cuts Late last year, OPEC and eleven non-OPEC countries agreed, under a voluntary arrangement, to cut their production in the first six months of t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian GDP contracted in the third quarter in annual terms, but growth varied considerably across branches
Russia Russian GDP contracted in the third quarter in annual terms, but growth varied considerably across branches Revised figures for Russian gross domestic product show a 3.4 % y-o-y contract...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Significant drop in oil prices could lead to new production limits
Russia Significant drop in oil prices could lead to new production limits The price of Urals-grade crude slightly exceeded 85 dollars a barrel in early October, its highest level this year. The...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
CBR keeps key rate unchanged, tightens guidance
Russia CBR keeps key rate unchanged, tightens guidance The Central Bank of Russia decided last Friday (Jun. 15) to hold the key rate at 7.25 %. As the main reason for the decision was stated the pro...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian markets dive after US imposes more sanctions
Russia Russian markets dive after US imposes more sanctions On April 6, the United States added 24 Russian businessmen and public officials, along with 15 Russian companies, to its sanctions list. H...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
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
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
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
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
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 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