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
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
Russian output shows transient spike in December
Russian output shows transient spike in December Industrial output growth accelerated in December, particularly in a couple of manufacturing branches. Some experts suggest that the acceleration large...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Recovery in Russian fixed investment continued in 2018
Russia Recovery in Russian fixed investment continued in 2018 Fixed investment rose by 4.3 % last year (4.8 % in 2017, with Rosstat’s latest round of revision raising the figure a bit). The level of...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
American sanctions affecting Russian firms
Russia American sanctions affecting Russian firms The latest round of sanctions announced by the US Treasury Department on April 6 have significantly impacted targeted Russian firms, most notably on...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Price tags on Putin's new economic initiatives revealed
Russia Price tags on Putin's new economic initiatives revealed Prime minister Dmitri Medvedev's initial assessment of president Putin's May Decree is that implementation over the next si...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Changes planned for Russian public sector spending structure already next year
Russia Changes planned for Russian public sector spending structure already next year Changes planned for Russian public sector spending structure already next year The finance ministry's conso...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian economy showing more signs of recovery
Russia Russian economy showing more signs of recovery Russian economy showing more signs of recovery Following a weak spell in June and July, Rosstat reports that seasonally and workday-adjusted in...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Moscow launches ambitious housing programme
Russia,economy Moscow launches ambitious housing programme At the beginning of August, Moscow mayor Sergei Sobyanin confirmed the list of apartment buildings to be included under an ambitious progra...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
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
Russian federal budget produces strong first half surplus
Russia Russian federal budget produces strong first half surplus Budget revenues in the first half of 2019 climbed 10 % y-o-y in nominal rubles, even when the high pace of growth that boosted t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian government receives abundant excess oil revenues
Russia Russian government receives abundant excess oil revenues Revenuesto the federal budget continued to climb up rapidly in the first quarter of this year, rising by well over 10 % from a year ea...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian ruble continues to strengthen
Russian ruble continues to strengthen The ruble has appreciated this year about 8 % against the US dollar and 5 % against the euro. The ruble has been supported by strong trade surplus and increased ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian central bank and economy ministry expect sluggish recovery in coming years
Russian central bank and economy ministry expect sluggish recovery in coming years The latest forecasts of the CBR and economy ministry both see Russian GDP increasing by 1–2 % a year during 2017–202...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian government revenues and spending continued to decline in real terms last year
Russian government revenues and spending continued to decline in real terms last year The consolidated budget, which combines federal, regional and local budgets, and state social funds, showed a sli...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
CBR holds key rate unchanged; policy outlook slightly adjusted
CBR holds key rate unchanged; policy outlook slightly adjusted At its regular meeting, the board of the Central Bank of Russia last Friday (Feb. 3) decided to keep the key rate at 10 %, the level it ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian industrial output increased, consumption still falling
Russian industrial output increased, consumption still falling November seasonally and workday-adjusted industrial output increased substantially from October. Revised Rosstat figures show that indus...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Immediate impacts of US election results on the Russian economy appear minimal
Immediate impacts of US election results on the Russian economy appear minimal The immediate fallout from announcement on Wednesday (Nov. 9) morning of Republican presidential candidate Donald J. Tru...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
China’s competitiveness unchanged relative to other countries
China’s competitiveness unchanged relative to other countries The World Economic Forum (WEF) Global Competitiveness Index (GCI) rankings of 140 countries put China this year in 28th place. China has ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016