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
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
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
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
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
CBR announces timetable for digital ruble rollout
Russia,economy,BOFIT Weekly Review CBR announces timetable for digital ruble rollout With the widescale adoption of electronic payments and commercial cryptocurrencies, central banks around the worl...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Gradual recovery in Russian foreign trade continues, capital outflows rise
Russia Gradual recovery in Russian foreign trade continues, capital outflows rise Preliminary figures released by the Central Bank of Russia show revenues from exports of goods and services recovere...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Declines in industrial output vary across Russian regions; retail sales making comeback from depths
Russia Declines in industrial output vary across Russian regions; retail sales making comeback from depths Total industrial output, which comprises extractive industries and manufacturing, recovered...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Revenue boom of Russian federal budget begins to normalise
Russia Revenue boom of Russian federal budget begins to normalise After climbing by nearly 30 % last year in nominal terms, budget revenues rose another 13 % y-o-y in the first quarter of ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Trends weakened in many branches of the Russian economy in March
Russia Trends weakened in many branches of the Russian economy in March The economic disruption from Russia’s war on Ukraine and Western economic sanctions was reflected immediately in Russia’s fina...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian fixed investment continue reasonable recovery, with further weight on oil and gas
Russia Russian fixed investment continue reasonable recovery, with further weight on oil and gas The volume of fixed investment in the first quarter, which rose by 3.6 % from the same period last ye...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Sale of Rosneft stake to CEFC cancelled
Russia Sale of Rosneft stake to CEFC cancelled The deal that was announced last autumn involved the Chinese CEFC's acquisition of a 14 % stake in Rosneft from a consortium of Glencore and the Qa...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Modest growth in Russian industrial output continues
Russia Modest growth in Russian industrial output continues The volume of industrial output rose by 2.4 % y-o-y in November. The pace of growth was in line with the industrial output trend of s...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
CBR keeps key rate at 11 %
CBR keeps key rate at 11 % The importance of pursuing cautious monetary policy was emphasised in the Central Bank of Russia’s statements on the rate decision. Inflation has slowed in past months on e...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
BOFIT forecast sees Russian economy returning to growth
BOFIT forecast sees Russian economy returning to growth Preliminary data suggest Russian GDP still contracted last year by 0.2 %, but our latest Forecast for Russia sees GDP rising by 1.5 % this year...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian and Chinese arms exports decline
Russia,China Russian and Chinese arms exports decline The recent update of the Stockholm International Peace Research Institute’s SIPRI Arms Transfers Database shows that the volume of the internati...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Moscow stock exchange made gains in second half of 2020
Russia Moscow stock exchange made gains in second half of 2020 Last spring the drop in oil prices and the collapse of international financial markets were reflected immediately on the Moscow Exchang...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
CBR lowers key rate by 100 basis points
Russia CBR lowers key rate by 100 basis points On June 19, the Central Bank of Russia lowered its key rate by a full percentage point, dropping it to 4.5 %. The CBR executive board based its de...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020