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
Digital archives of publication series
Digital archives of publication series All BOFIT publications can be found in digital (PDF) format in the Bank of Finland's institutional repository. The Bank of Finland’s Unit for Eastern Europe...
Bofit.fi / Bofit homepage / Publications
Russian competition bureau has plenty on its plate
Russia Russian competition bureau has plenty on its plate As part of the release of the 13th annual report of Russia’s competition agency, the Federal Anti-Monopoly Service (FAS), agency head Igor A...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Eurasian Economic Union is taking steps to harmonize external tariffs and lower internal barriers
Russia Eurasian Economic Union is taking steps to harmonize external tariffs and lower internal barriers The union has evolved on top of earlier economic cooperation agreements among former Soviet r...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
BOFIT forecasts low growth for the Russian economy in coming years
Russia BOFIT forecasts low growth for the Russian economy in coming years Our latest BOFIT forecast for Russia, which covers the 2018–2020 period, sees GDP growth this year remaining below 2 %,...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Putin's newest May Decree sets out typical government target and task list through 2024
Russia Putin's newest May Decree sets out typical government target and task list through 2024 As with Putin's third inauguration in 2012, he laid out on Monday (May 7) a new to-do list for ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
China increased its share of EU foreign trade in 2015
China increased its share of EU foreign trade in 2015 The EU28’s goods imports from China last year rose 16 % y o y to €350 billion. The value of total non-EU goods imports increased 2 %. The value o...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
IMF lowers its forecast for Russian GDP
IMF lowers its forecast for Russian GDP The IMF’s newest World Economic Outlook projects a nearly one-percentage point deeper contraction in Russian GDP in 2016 than in its January forecast. The IMF ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Call for visitors
#visitingresearcher Call for visitors within BOFIT Visiting Researcher Programme now open for Spring/Summer 2023 BOFIT Visiting Researchers scheme enables academics and researchers to spend a period...
Bofit.fi / Bofit homepage / BOFIT / News / 2022
Weak developments expected for Russian government sector revenues and expenditures
Russia Weak developments expected for Russian government sector revenues and expenditures In Russia’s government budget sector framework for 2023–2025, the finance ministry expects revenues to the c...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Forecasters downgrade China’s 2022 GDP growth forecast, see high growth rates for India and predict a lower-than-expected contraction of the Russian economy
China,India,Russia Forecasters downgrade China’s 2022 GDP growth forecast, see high growth rates for India and predict a lower-than-expected contraction of the Russian economy In its latest World Ec...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian government budget revenues weaken; high inflation erodes stimulus effects
Russia Russian government budget revenues weaken; high inflation erodes stimulus effects May federal budget revenues were up by just 10 % y-o-y in nominal terms. The rise was gravely insufficie...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Ruble exchange rate turned to drop
Ruble exchange rate turned to drop Ruble exchange rate turned to drop After a long appreciation trend, the ruble has begun to depreciate along with falling oil prices. The price of Urals-grade crude...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian government and businesses have cut back on investments
Russian government and businesses have cut back on investments Total fixed investments fell by about 12 % in real terms in 2014–2016. The ratio of fixed investments to GDP is just 21 %. Government in...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
European Commission invites comments on EU-Gazprom gas dispute
European Commission invites comments on EU-Gazprom gas dispute An investigation launched in autumn 2012 into European gas markets initially found that Gazprom violated EU competition rules in many EU...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Varying performance in Russian manufacturing branches last year
Varying performance in Russian manufacturing branches last year In 2015, the volume of manufacturing output fell 5.4 %. Last year, the output was virtually unchanged from 2015. Credit for ending the ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Significant differences in pace of development in various sectors of the Russian economy
Russia Significant differences in pace of development in various sectors of the Russian economy Manufacturing activity, when measured in the real volume of gross value added produced (GVA), has been...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russian inflation continues to pick up steam
Russian inflation continues to pick up steam Consumer prices showed in July-August their fastest on-month rise for years. In August consumer price inflation was nearly 16 % y-o-y and food prices were...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
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