Crude oil prices rise above $50 a barrel
Crude oil prices rise above $50 a barrel With a pandemic wiping away demand, the price of crude oil last spring collapsed to unprecedented lows. The price of e.g. Brent crude stabilised at around $40...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russian GDP grew by just 0.6 % last year
Russian GDP grew by just 0.6 % last year 2014 saw a marked slowdown in the pace of economic growth last year from 1.3 % in 2013. Private consumer spending was the main factor supporting growth, but a...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Moscow stock prices tanked last year
Moscow stock prices tanked last year The Moscow Exchange’s RTS index fell 43 % last year from a high of 1,388 points to 791 points. The steepest drop came in December on the sharp drop in crude oil p...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian economic growth remains sluggish and subject to structural imbalances
Russia,BOFIT Weekly Review Russian economic growth remains sluggish and subject to structural imbalances The Russian economy has continued to grow slowly in recent months, with the overall economic ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Finland posted weak performances last year in goods and services trade with China
BOFIT Weekly Review,China Finland posted weak performances last year in goods and services trade with China The weak performance of Finnish goods exports to China continued last year. Finnish Custom...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2026
China’s global car exports boom
#china China’s global car exports boom China is both the world’s largest car market and the world’s largest car producer. Last year 27 million cars were produced in China, a 1-million-car increase f...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
New financial support measures for Ukraine announced; moderate GDP growth expected next year
Ukraine,BOFIT Weekly Review New financial support measures for Ukraine announced; moderate GDP growth expected next year The EU leaders have just approved a 90 billion EUR financial lifeline to cove...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
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
Sanctions push CBR to adjust its ruble exchange rate policy
Russia Sanctions push CBR to adjust its ruble exchange rate policy The Central Bank of Russia abandoned its nominal exchange rate target and allowed the ruble to float freely in November 2014. The r...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Growth in Russian industrial output revived in February
Russia Growth in Russian industrial output revived in February Industrial output growth rose to 2.6 % y-o-y in January-February. The figure moved up towards the growth figure for all of 2018. E...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Revised Rosstat figures give a significantly brighter view of recent industrial output growth
Russia Revised Rosstat figures give a significantly brighter view of recent industrial output growth Revised 2016–17 data show that Russian industrial output, rather than the 2.3 % reported earlier,...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Oil revenues continue increasing for the Russian government
Russia Oil revenues continue increasing for the Russian government The second-quarter rise in federal budget revenues was so substantial that first-half revenues were up by over 20 % y-o-y. Most of ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Wide variations in Russian manufacturing branches last year
Russia Wide variations in Russian manufacturing branches last year Wide variations in Russian manufacturing branches last year Total manufacturing output recovered only slightly last year. After tw...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian government places two Eurobond issues
Russian government places two Eurobond issues Last week the finance ministry placed 11-year and 30-year Eurobond issues worth a total of 4 billion dollars. The 11-year bond carries an initial yield o...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Lower growth in Russian construction activity
Russia Lower growth in Russian construction activity According to Rosstat, annual real growth in construction activity in 2018 was still 5.3 %. This year, growth has been non-existent. The volu...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Only minor changes in value of China’s currency reserves since 2016
China Only minor changes in value of China’s currency reserves since 2016 At the end of January, the value of the People’s Band of China’s total official foreign reserve assets was 3.186 trillion do...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian government releases new guidelines for national projects
Russia Russian government releases new guidelines for national projects As part of his inaugural decrees in May 2018, president Putin set forth twelve national priority areas and a handful of infras...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian economy’s growth rate accelerated in 2018
Russia Russian economy’s growth rate accelerated in 2018 Rosstat’s first GDP growth estimate for all of 2018, released on Monday (Feb. 4), surprised both Russian and foreign analysts. Rosstat estima...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Continued low growth forecast for Russian economy this year
Russia Continued low growth forecast for Russian economy this year Major forecasts for Russian GDP growth this year run around 1.5 % p.a. The low pace of growth roughly matches that of realised...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russians moving to mobile banking
Russians moving to mobile banking With a shrinking number of local bank branch offices and fewer ATMs, households are turning to netbanking services. A recent Central Bank of Russia survey found that...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017