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
Russian government spending cushions fixed investment decline
Russia Russian government spending cushions fixed investment decline In Russia, the real volume of fixed investment declined in the second quarter by about 7.5 % y-o-y. The drop was less steep ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
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
Russian economic growth continued to slow in July
Russia,economy,BOFIT Weekly Review Russian economic growth continued to slow in July Russian output growth remained slow in July. The drag from tight monetary policy on demand is becoming more appar...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
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
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 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 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
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
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 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
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
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
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
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
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
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