Despite missing forecast numbers, India posted robust economic growth in April-June
India Despite missing forecast numbers, India posted robust economic growth in April-June India’s GDP growth rose by 6.7 % y-o-y in real terms in the first quarter of the government’s fiscal ye...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Sanctions on Russia further tightened in June
Russia Sanctions on Russia further tightened in June The European Union, United States and United Kingdom expanded their economic sanctions on Russia in June. The new round of sanctions are intended...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
China and Russia impose most trade and investment barriers on European firms
China China and Russia impose most trade and investment barriers on European firms The European Commission's Annual Report on Trade and Investment Barriers notes that the wave of protectionism t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia's goal of halving poverty would not require massive amounts of funds
Russia Russia's goal of halving poverty would not require massive amounts of funds President Putin's inauguration Decree, issued on May 7, includes a goal of cutting Russian poverty in half ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Local governments in China struggle with access to finance
China Local governments in China struggle with access to finance Local government bond issues are currently on the decline. China's finance ministry reports that local governments last year issu...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
IMF wants China to continue with reforms
China IMF wants China to continue with reforms The IMF's 2018 Article IV Consultation praises China for its recent reform progress. It especially welcomes the actions taken tackling vulnerabilit...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Sluggish growth in global trade
#worldeconomy Sluggish growth in global trade Several international forecasters have revised their economic outlooks in recent weeks. The IMF’s World Economic Outlook (WEO) released last week now se...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
State enterprises and the state may generate around 40 % of Russian GDP
Russia State enterprises and the state may generate around 40 % of Russian GDP Rosstat reports that in recent years 11–12 % of revenues of all firms and organisations (excluding funding received fro...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Difficult to form a full picture of Russia’s sizeable public sector procurements
Russia Difficult to form a full picture of Russia’s sizeable public sector procurements Russia’s finance ministry reports that public sector contracts made last year under procurement oversight...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia rolls out various measures in response to Western sanctions
Russia Russia rolls out various measures in response to Western sanctions Russia has responded to Western sanctions by restricting exports of goods in order to both mitigate harm to Russia and ampli...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Even with no major shifts in Chinese economic outlook in December, the discussion on 2017 economic growth targets takes a new tone
Even with no major shifts in Chinese economic outlook in December, the discussion on 2017 economic growth targets takes a new tone The government’s official purchasing manager indexes (PMIs) for Dece...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia’s import substitution commission reviews progress
Russia’s import substitution commission reviews progress At the import substitution commission meeting at the end of April, the commission’s chairman, prime minister Dmitri Medvedev, noted that by no...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Hong Kong’s weak economic recovery
China Hong Kong’s weak economic recovery The Hong Kong Census and Statistics Department reports that the special administrative region’s GDP rose by 7.8 % y-o-y in the first six months of 2021....
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Housing prices soar in China’s big cities
Housing prices soar in China’s big cities The National Bureau of Statistics reports that prices of new apartments in February were up an average of 13 % y-o-y in Beijing, 21 % in Shanghai and 57 % in...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
China posts huge second-quarter current account surplus, capital outflows increased
China China posts huge second-quarter current account surplus, capital outflows increased Preliminary balance-of-payments figures suggest that China’s current account surplus in the second quarter r...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
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
TPP deal presents a positive challenge for China
TPP deal presents a positive challenge for China In early October, the US, Japan, and ten other Pacific Rim nations finalised the Trans-Pacific Partnership (TPP) trade agreement. It is the first broa...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
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
Finland at 100: Finnish-Russian trade recovering, while Russia's share of exports is low compared to history
Russia Finland at 100: Finnish-Russian trade recovering, while Russia's share of exports is low compared to history Finland at 100: Finnish-Russian trade recovering, while Russia's share of ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Fixed investment in Russia recovered in late 2020
Russia Fixed investment in Russia recovered in late 2020 Following a decline last spring, fixed investment was down by about 5 % y-o-y in real terms in both the second and third quarters. It re...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021