After posting awful April economic numbers, Russia bounced back a bit in May
Russia After posting awful April economic numbers, Russia bounced back a bit in May By practically all metrics, Russian economic activity collapsed in April. The economy ministry estimates that GDP ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Bank lending growth slows in Russia
Russia Bank lending growth slows in Russia In 2019, banks’ lending to the corporate sector slowed down and the nominal value of the loan stock, calculated in rubles, increased by just 1.2 %. Ab...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Slightly lower growth in Russian bank lending
Russia Slightly lower growth in Russian bank lending The credit stock of Russian banks grew by 6 % in nominal terms last year, down from 12 % growth in 2018. The most notable slowdown was ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russian economy gradually recovers
Russia Russian economy gradually recovers Russian economy gradually recovers After rising throughout the spring, seasonally and workday-adjusted industrial output contracted slightly in June. In on...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Moscow stock indices and oil prices still up for the year
Russia Moscow stock indices and oil prices still up for the year The Moscow Exchange has been lifted this year by a strong updraft from rising oil prices. News of the omicron variant of COVID-19, ho...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russian imports recover to nearly same level as a year ago
Russian imports recover to nearly same level as a year ago Preliminary balance-of-payments figures released by the Central Bank of Russia show that Russia’s spending on imports of goods and services ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Latest economic data for Russia looks promising
Russia Latest economic data for Russia looks promising The acceleration of the covid-19 pandemic in Russia during the second half of 2020 reduced economic activity due to such factors as restriction...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Fixed investment growth in Russia came to a standstill last year
BOFIT Weekly Review,Russia Fixed investment growth in Russia came to a standstill last year Russian fixed investment experienced across-the-board weakening last year, with completion of budget-funde...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2026
Despite sharp rise in Chinese industrial output, growth in domestic consumption still weak
#china Despite sharp rise in Chinese industrial output, growth in domestic consumption still weak China’s economic picture remains mixed. Government stimulus policy has kept industrial activity bris...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
China’s growth picked up in the first quarter as the economy reopened; BOFIT expecting relatively strong growth for the year
China’s growth picked up in the first quarter as the economy reopened; BOFIT expecting relatively strong growth for the year China’s National Bureau of Statistics reports that the economy returned to...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Ruble and stock markets tumble on Russia’s February 24 invasion of Ukraine
Russia Ruble and stock markets tumble on Russia’s February 24 invasion of Ukraine The ruble’s exchange rate has fallen to historical lows this week. Western sanctions have blocked the Central Bank o...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
China posts record trade surplus in 2021
China China posts record trade surplus in 2021 China’s goods exports last year rose to 3.37 trillion US dollars, a 30 % increase from 2020. Imports also climbed by 30 % to 2.68 trillion do...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Strong growth in bank lending fuels Russian domestic demand
Russia Strong growth in bank lending fuels Russian domestic demand The stock of household loans grew last year by 23 % and the stock of corporate loans by 12 %. Growth in housing loans rem...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
American firms operating in China more pessimistic about short-term business outlook
China American firms operating in China more pessimistic about short-term business outlook The American Chamber of Commerce in China (AmCham) earlier this month released its 24th annual survey of Am...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
The EU and US put more economic sanctions on Russia
Russia The EU and US put more economic sanctions on Russia On April 8, the EU approved a fifth sanctions package against Russia that includes a variety of new restrictive measures. In addition to ba...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Margins of China's big banks narrow
China Margins of China's big banks narrow China's four largest banks recently released their financial reports for the first half of this year. The total profits of these banks increased by ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
April output exceeded pre-covid levels in many Russian branches
Russia April output exceeded pre-covid levels in many Russian branches Many parts of the Russian economy posted eye-popping on-year growth figures in April, thanks largely to the low base reference ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Housing market heats up in China’s major cities
China Housing market heats up in China’s major cities China’s National Bureau of Statistics reports the sold floor space of apartments has been much higher in the first quarter than in the first qua...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russia has enjoyed relatively stable economic conditions during the first two months of this year
Russia Russia has enjoyed relatively stable economic conditions during the first two months of this year Several Russian economic indicators for January and February suggest that production and cons...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
China launches a national carbon emissions trading scheme
China China launches a national carbon emissions trading scheme In the first day of trading (July 16) of China’s new national carbon emission trading scheme, some 4.1 million tons worth of carbon cr...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021