Topics at Moscow Gaidar Forum feature future economic growth and national projects
Russia Topics at Moscow Gaidar Forum feature future economic growth and national projects At the annual mega-get-together for economic discussions last week, economy minister Maxim Oreshkin noted th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
One-off payments boost Russian federal budget revenues in November, spending continues to grow
#Russia One-off payments boost Russian federal budget revenues in November, spending continues to grow Budget revenues saw November spikes that lifted revenues significantly relative to November 202...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian households cut back on spending, durable goods most affected
Russia Russian households cut back on spending, durable goods most affected Household spending on goods and services fell by 7 % y-o-y in real terms in the second and third quarters. Household ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian economic trends remained stable in August
Russia Russian economic trends remained stable in August Primary production, construction and certain industrial branches related to construction and defence (e.g. cement production and metal fabric...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian GDP figures confirm economic recovery in final months of 2016
Russian GDP figures confirm economic recovery in final months of 2016 The first set of quarterly GDP data for the entire year 2016 from Russia's national statistics agency Rosstat tell about the ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Growth returns to Russian goods trade
Growth returns to Russian goods trade Fourth-quarter goods imports were up 9 % y-o-y in value terms. Growth was seen in all largest product categories, with highest growth posted for imports of machi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian fixed investment developments vary across sectors
Russia Russian fixed investment developments vary across sectors Growth in fixed investments in the first half of this year cooled off to 0.6 % y-o-y, the slowest pace since growth remained at ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
IMF holds its China forecast unchanged, but warns of rising risk from slowing growth
IMF holds its China forecast unchanged, but warns of rising risk from slowing growth In its latest World Economic Outlook (WEO) this week, the IMF slightly lowered its July estimate for growth of th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Putin issues decree to speed up construction of Power of Siberia pipeline
Putin issues decree to speed up construction of Power of Siberia pipeline It was hoped that president Putin’s state visit to Beijing last week would give a boost to China-Russia economic relations, b...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Final construction permit issued for Nord Stream 2 pipeline
Russia Final construction permit issued for Nord Stream 2 pipeline The Danish Energy Agency last week granted a construction permit for Gazprom’s Nord Stream 2 gas pipeline. If the permit goes uncon...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Exports of Russian pipeline gas down over 10 % last year
Exports of Russian pipeline gas down over 10 % last year The Central Bank of Russia reports that about 175 billion m3 of natural gas were exported last year. Exports to Ukraine were down significantl...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Duma takes up bill on granting amnesty for unauthorised capital exports
Duma takes up bill on granting amnesty for unauthorised capital exports Last Friday (Mar. 27), the government submitted to the Duma a bill to release private individuals from liability for illegal ex...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian foreign trade contracted sharply in the fourth quarter
Russian foreign trade contracted sharply in the fourth quarter Russian customs reports the value of goods exports and imports in the fourth quarter of 2014 were down nearly 20 % y-o-y, and that in De...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian government approves economic support programme
Russian government approves economic support programme The aims of the programme adopted last week include stabilising Russia’s economic conditions, supporting import substitution as well as improvin...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian industrial output decreased; consumption continues to make a comeback
Russia Russian industrial output decreased; consumption continues to make a comeback Russian industrial output decreased; consumption continues to make a comeback After relatively mild industrial o...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Slowing growth in Russian foreign trade
Russia Slowing growth in Russian foreign trade Even with the slowdown, the value of goods exports and goods imports increased in 3Q17 still by about 20 % y-o-y in dollar terms. The higher value of e...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
CBR monetary policy programme foresees drop in inflation and heavy reliance on Reserve Fund
CBR monetary policy programme foresees drop in inflation and heavy reliance on Reserve Fund The Central Bank of Russia’s latest monetary policy programme keeps in place almost all the outcome of its ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Price of Urals oil and Russian ruble continue to strengthen
Russia Price of Urals oil and Russian ruble continue to strengthen The price of a barrel of Urals-grade crude oil has risen over the past month from just over $30 to around $40. The price has now re...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Oil market price volatility calms a bit
Russia Oil market price volatility calms a bit In just a month, the price of Brent crude rose from around $20 a barrel to nearly $35. The current price is now on par with levels in early March, but ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russian accounts inspector finds problems with National Welfare Fund use
Russian accounts inspector finds problems with National Welfare Fund use The Accounts Chamber of the Russian Federation reports that assets invested from the National Welfare Fund to finance large i...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015