Russian central bank continues accommodating monetary policy
Russia Russian central bank continues accommodating monetary policy Russian central bank continues accommodating monetary policy At its regular meeting last week, the Central Bank of Russia's b...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Nearly a fifth of Russian workers classed as working poor
Russia Nearly a fifth of Russian workers classed as working poor Nearly a fifth of Russian workers classed as working poor A new study from the government's Analytical Center finds that roughly...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
CBR now publishes the RUONIA rate
Russia CBR now publishes the RUONIA rate The weighted average interest rate on unsecured overnight interbank ruble loans, or Ruonia (Ruble Overnight Index Average) is a key reference rate for R...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russian president holds annual state-of-the-nation address; government resigns unexpectedly thereafter
Russia Russian president holds annual state-of-the-nation address; government resigns unexpectedly thereafter On Wednesday (Jan. 15), president Vladimir Putin delivered his annual state-of-the-natio...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Output down in most manufacturing branches
Output down in most manufacturing branches In the second quarter of this year, manufacturing output was down over 7 % y-o-y, a distinct deepening from the start of the year. Lower fixed capital inve...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian economic growth driven almost exclusively by private consumption
Russia Russian economic growth driven almost exclusively by private consumption Newly released Rosstat figures show that the slowdown in GDP growth to just 0.5 % y-o-y in the first quarter was due t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
India set to surpass China as the world’s most populous country around 2027
China India set to surpass China as the world’s most populous country around 2027 The UN’s new population outlook, World Population Prospects 2019, released last month expects the global population ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Proposed changes to Russian legislation could reduce economic transparency
Russia Proposed changes to Russian legislation could reduce economic transparency The government this week submitted to the Duma draft legislation that modifies rules on public disclosure of certain...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian export earnings and imports continue to recover rapidly, even if the fastest pace has slowed
Russia Russian export earnings and imports continue to recover rapidly, even if the fastest pace has slowed Russian export earnings and imports continue to recover rapidly, even if the fastest pace ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Recovery of Russian government budget revenues has brought rebalance
Russia Recovery of Russian government budget revenues has brought rebalance Recovery of Russian government budget revenues has brought rebalance Rebound of revenues on the consolidated budget (fede...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian bank lending turning to growth
Russian bank lending turning to growth Russian bank lending turning to growth The stock of corporate bank loans has contracted since early 2016, but in recent months the contraction seems to have ha...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
China establishes itself as major arms exporter and importer
China establishes itself as major arms exporter and importer A report published last month by the Stockholm International Peace Research Institute (SIPRI) finds that the volume of international arms ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian economic growth remained brisk in October
Russia Russian economic growth remained brisk in October According to Rosstat’s preliminary estimates, GDP grew in the first nine months of the year by 4.6 % y-o-y. The economic development min...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Commercial banks participating in CBR’s digital ruble pilot trial
Russia Commercial banks participating in CBR’s digital ruble pilot trial The Central Bank of Russia only began in earnest to plan the introduction of a digital currency last year, but the basic desi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russian government sells Bashneft to Rosneft
Russian government sells Bashneft to Rosneft The state’s 50.08 % stake in the Bashneft oil company has been on this year’s privatization list. Russian government decided this week to sell the stake ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian fixed investment bounces back after the Covid Recession
Russia Russian fixed investment bounces back after the Covid Recession Demand-side figures in Rosstat’s national accounts show a strong rebound in seasonally adjusted growth in fixed investment in t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Ruble strengthening on higher oil prices
Ruble strengthening on higher oil prices This week the ruble-dollar exchange rate hovered around 66 RUB, while the euro-ruble rate held around 74 RUB. The ruble has appreciated more than 20 % against...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Strong growth in Russian bank lending continued last year
Russia,economy,BOFIT Weekly Review Strong growth in Russian bank lending continued last year Corporate borrowing driven by reduced access to international financing and generous interest-subsidy pro...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Contractions in Russian exports and imports intensified
Contractions in Russian exports and imports intensified Preliminary CBR balance-of-payments figures show export earnings on goods and services in the fourth quarter of 2014 fell 19 % in dollar terms ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Ukraine will receive significant funding from G7 loan program based on proceeds from frozen Russian assets this year
Ukraine,economy,BOFIT Weekly Review Ukraine will receive significant funding from G7 loan program based on proceeds from frozen Russian assets this year Ukraine’s largest source of external funding ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025