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
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
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
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
Research
BOFIT research mainly involves macroeconomic studies of emerging economies with an emphasis on monetary and fiscal policy.
Bofit.fi / Bofit homepage
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
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
85 % of China’s energy needs still met with fossil fuels
China 85 % of China’s energy needs still met with fossil fuels China is by far the world’s biggest primary energy consumer. The latest figures from British Petroleum show that in 2018 China use...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020