Russian firms issuing more eurobonds
Russian firms issuing more eurobonds Financial institutions and non-financial corporations have issued 1.1 trillion rubles ($17 billion) in new domestic bonds this year, which is slightly less than ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Oil price down sharply in July, ruble follows
Oil price down sharply in July, ruble follows Global crude oil prices hit their peak this year early in June, when the price of Urals-grade crude approached the $50-a-barrel mark. The oil price has s...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Chinese presence in energy projects in Russian Far East set to increase
Chinese presence in energy projects in Russian Far East set to increase As before, during president Vladimir Putin’s official state visit to China on Saturday (June 25) dozens of agreements for vario...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian central bank again passes on rate change
Russian central bank again passes on rate change The Central Bank of Russia’s key rate has remained at 11 % for over four months now. In its decision to leave rates untouched the CBR emphasized that...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
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
Ukraine gets new 18-month IMF loan
Russia,Ukraine Ukraine gets new 18-month IMF loan The IMF’s executive board signed off on a new Stand-By Arrangement (SBA) for Ukraine last week. The programme runs for 18 months, allowing Ukraine t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russians increasing domestic travelling
Russians increasing domestic travelling Tourism abroad has fallen sharply over the past two years due to the weak ruble and falling real disposable incomes. Imports of travel services last year amoun...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian goods imports near bottoming out
Russian goods imports near bottoming out The value of goods imports contracted 9 % y-o-y to $84 billion in the first half of this year. The value of imports fell in all major goods categories. The co...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Little overall change in foreign debt of Russian firms and banks
Little overall change in foreign debt of Russian firms and banks The debts have gradually subsided since summer 2014, when foreign financial sanctions were imposed. The reduction tapered off in the f...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
New calculation of statistics increases size of Russian economy
New calculation of statistics increases size of Russian economy Applying international accounting standards of 1993 and 2008 for calculating GDP, Rosstat has adjusted Russia’s 2014 GDP measured in ru...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
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
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
Russian economic growth remained moderate in October
Russia Russian economic growth remained moderate in October Russian manufacturing growth in October accelerated to above 3.5 % y-o-y (growth averaged just over 2 % in the first nine months...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
China’s economic performance showed no clear signs of improvement in May; lacklustre performance reflected in financial markets
#china China’s economic performance showed no clear signs of improvement in May; lacklustre performance reflected in financial markets China’s National Bureau of Statistics (NBS) reports that indust...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Russian growth supported by increased bank lending and heavy public spending
Russian growth supported by increased bank lending and heavy public spending Russian economy again showed positive growth in July Even with the pace of growth moderating in recent months, the latest ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Russian government works on changes in taxes next year and price controls
Russia Russian government works on changes in taxes next year and price controls As part of preparing Russia’s 2022−2024 federal budget and assessment of the prospects of the entire government secto...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Impact of support measures for Russian monotowns hard to determine
Russia Impact of support measures for Russian monotowns hard to determine From 2009 to 2016, support to single-company towns, or monotowns, were arranged on the basis of presidential or government d...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
New Russian budget rule frames government spending; sovereign funds to be combined
Russia New Russian budget rule frames government spending; sovereign funds to be combined New Russian budget rule frames government spending; sovereign funds to be combined The Duma this week passe...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Relaxation of capital controls and increased foreign trade help boost international use of the yuan
China Relaxation of capital controls and increased foreign trade help boost international use of the yuan SWIFT, the Society for Worldwide Interbank Financial Telecommunication, reports that in Janu...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian real household incomes slide
Russia Russian real household incomes slide The drop in household incomes gained slight momentum in the third quarter, falling by 2.5 % y-o-y in real terms. The drop so far has been less precip...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022