Tight budgets and uncertainty currently dominate Russian economic policy
Tight budgets and uncertainty currently dominate Russian economic policy Persistent low oil prices and the weak economy have forced Russian policymakers to balance between budget cuts and stimulus me...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian firms suffering major profitability drops this year
Russia Russian firms suffering major profitability drops this year Rosstat figures show that the net profit of the corporate sector, i.e. combined profits and losses of Russian firms, fell by half i...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Rosstat reports Russian GDP up 1.3 % in 2019; revises figures for previous years
Russia Rosstat reports Russian GDP up 1.3 % in 2019; revises figures for previous years Last year, Russian GDP grew at its slowest pace in three years as growth averaged slightly over 2 % ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Despite devastating attacks, Ukraine’s economy grew by nearly 2 % last year
BOFIT Weekly Review,Ukraine Despite devastating attacks, Ukraine’s economy grew by nearly 2 % last year Energy sector destruction held back Ukrainian economic growth in late 2025 Ukraine’s 12-m...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2026
Recovery in Russian fixed investment
Russia Recovery in Russian fixed investment Recovery in Russian fixed investment The volume of fixed investmentrose by well over 6 % y-o-y in the second quarter. For the first half, growth was near...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian ruble has strengthened substantially
Russia Russian ruble has strengthened substantially Before Russia’s invasion of Ukraine in late February, the ruble-dollar exchange rate stood at about 75 rubles to the dollar. The ruble initially p...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Ruble exchange rate fluctuations in recent weeks fairly muted compared to the huge swings in oil prices
Russia Ruble exchange rate fluctuations in recent weeks fairly muted compared to the huge swings in oil prices Recent weeks have seen large daily moves in oil prices. For example, the price of Urals...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
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
Russian central bank again lowers its key rate
Russia Russian central bank again lowers its key rate Last Friday (July 24), the Central Bank of Russia’s board of directors decided to lower the key rate by 25 basis points to 4.25 %. It was t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Increase in profits of Russian firms supports capital flows abroad and to banks
Increase in profits of Russian firms supports capital flows abroad and to banks Despite a recessionary economy, profits of Russian companies were up again in January-May relative e.g. to companies’ b...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
CBR keeps rates unchanged, but adjusts guidance
CBR keeps rates unchanged, but adjusts guidance At its scheduled meeting last Friday (Jan. 29), the Central Bank of Russia’s board decided to leave the key rate unchanged at 11 %, the same level it h...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Moderate rise in Russian government spending
Russia Moderate rise in Russian government spending Revenues to Russia’s consolidated budget (federal, regional and municipal budgets plus state social funds) in the first half of this year were up ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Credit rating agency Moody’s upgrades Russian sovereign debt
Russia Credit rating agency Moody’s upgrades Russian sovereign debt On February 8, Moody’s upgraded Russia’s credit rating score by a notch from Ba1 to Baa3, its tenth-best rating score. Bonds in th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
CBR raises key rate and announces resumption of the fiscal-rule forex buying in January
Russia CBR raises key rate and announces resumption of the fiscal-rule forex buying in January The Central Bank of Russia decided to raise the key rate by 25 basis points to 7.75 %. The increas...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Robust increase in Russian government revenues, substantial budget surpluses
Russia Robust increase in Russian government revenues, substantial budget surpluses Revenues to the consolidated budget (federal, regional and local budgets, plus government social funds) in the fir...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian investments focused increasingly on oil & gas last year
Russia Russian investments focused increasingly on oil & gas last year Russian investments focused increasingly on oil & gas last year After years of contraction, Russia's total fixed i...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian economic trends seem to have stabilised in July
Russia Russian economic trends seem to have stabilised in July Although retail sales and many branches of manufacturing experienced weaker growth in July, the Russian economy garnered support from o...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
The big push of Finnish firms to invest in their Chinese affiliates came in 2015
The big push of Finnish firms to invest in their Chinese affiliates came in 2015 Statistics Finland figures for 2015 show that the affiliates of Finnish firms in China for the first time made China F...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Procurements of public sector and state-owned enterprises in 2016 exceeded 30 % of Russian GDP
Procurements of public sector and state-owned enterprises in 2016 exceeded 30 % of Russian GDP Theeconomy ministry reports that public procurements in Russia last year were valued at 5.3 trillion rub...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian stock market performance reflects low oil prices and ruble slide
Russian stock market performance reflects low oil prices and ruble slide Russia’s main RTS share index, calculated in dollars, fell 4 % last year on the drop in oil prices and the ruble’s weak exchan...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016