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Ruble exchange rate plunges

Russia,economy,BOFIT Weekly Review Ruble exchange rate plunges New round of sanctions slams ruble’s external value The ruble’s exchange rate, which had weakened gradually since late summer, declined...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024

Russian output growth slows, inflation remains high

#Russia,economy,BOFIT Weekly Review Russian output growth slows, inflation remains high Russian GDP growth slowed significantly in the third quarter Rosstat’s preliminary estimate puts Russian GDP ...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024

Russian imports exceed the level of a year ago

Russian imports exceed the level of a year ago Spending on imports of goods and services was up about 5 % y-o-y in the fourth quarter of 2016, the first increase since 3Q2013. Goods imports increased...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017

Russian state reduces stake in Rosneft

Russian state reduces stake in Rosneft The sale of almost a fifth of the state-majority controlled Rosneft oil company is a part of Russia's privatisation plan. Given the pressures from western s...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016

Russian agriculture enjoys another year of growth

Russia Russian agriculture enjoys another year of growth While agricultural output grew almost every year over the past decade, 2020 was no exception even if growth slowed down to about 1.5 %. ...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021

Even with stabilisation of oil prices, the ruble has lost value in recent months

Russia Even with stabilisation of oil prices, the ruble has lost value in recent months The external value of the ruble has traditionally tracked – almost slavishly – changes in world crude oil pric...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020

Russian oil production growth slows

Russian oil production growth slows Preliminary figures from Russia’s energy ministry show oil output (incl. gas condensates) grew 2 % y-o-y in the first half of 2016. Output growth has slowed in rec...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016

Shanghai Cooperation Organization meets in Tashkent

Shanghai Cooperation Organization meets in Tashkent The Shanghai Cooperation Organization (SCO), founded in 2001, consists of Russia, China and four Central Asian countries (Uzbekistan, Kazakhstan, K...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016

Brexit result has had only minor impact on Russian economy so far

Brexit result has had only minor impact on Russian economy so far The immediate effects of the UK EU referendum on the Russian economy are quite marginal at this point. Oil prices fell, the ruble los...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016

President Putin hits familiar themes in address to St. Petersburg Economic Forum

President Putin hits familiar themes in address to St. Petersburg Economic Forum Among the priority themes of current economic policy, Putin stressed his vision of the Eurasian Economic Union as the ...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016

Rise in Russian consumer prices slowed in January-May

Rise in Russian consumer prices slowed in January-May May consumer prices were up less than 3 % from December, whereas the comparative figure in 2015 was well over 8 %. As in the previous two months,...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016

Contraction of the Russian economy slowed this year

Contraction of the Russian economy slowed this year Rosstat reports that GDP fell 1.2 % y-o-y in the first quarter. Russia’s economy ministry noted that the impact of leap year blunted the drop. The ...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016

CBR keeps key rate unchanged at 11 %

CBR keeps key rate unchanged at 11 % The Central Bank of Russia stated that inflation has slowed down in recent months, but inflation risks remain elevated. Hence, the CBR board of directors decided ...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016

Russian real disposable income still well below 2014 level

Russia Russian real disposable income still well below 2014 level Russian real disposable household incomes last year were essentially unchanged from 2017. Revenues initially showed gains in the fir...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019

CBR raises the key rate by 0.25 percentage points and prolongs the suspension of currency-buying under the fiscal rule through December

Russia CBR raises the key rate by 0.25 percentage points and prolongs the suspension of currency-buying under the fiscal rule through December On September 14, the Central Bank of Russia’s key rate ...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018

Russian export volumes up significantly in recent years

Russia Russian export volumes up significantly in recent years Unlike other demand-side categories, the real volume of exports of goods and services grew overall at an average rate of 4 % a year in ...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018

EU and Gazprom resolve long-running gas dispute

Russia EU and Gazprom resolve long-running gas dispute An investigation by the European Commission launched in autumn 2012 found that Gazprom broke the EU's competition regulations in many centr...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018

Reasonable recovery in Russian domestic demand; growth in output slower

Russia Reasonable recovery in Russian domestic demand; growth in output slower The recovery in seasonally adjusted retail sales continued in April. From twelve months earlier retail sales were up ne...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018

Profits of Russian firms have supported out-of-pocket funding for investments; bank borrowing has been low

Russia Profits of Russian firms have supported out-of-pocket funding for investments; bank borrowing has been low Rosstat reports that the net profits of large and medium-sized firms (excluding the ...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018

Russian government spending on investment rose sharply during the war, mixed performance in other investment

#Russia Russian government spending on investment rose sharply during the war, mixed performance in other investment Fixed investment in Russia has recovered and grown briskly since the recession in...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023