State gives small income hikes and tiny tax reliefs to Russians
Russia State gives small income hikes and tiny tax reliefs to Russians Wages and pensions paid out of government budgets at various levels fell sharply in real terms in 2014–16 on small nominal cost...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian budget revenues expected to rise on favourable economic forecast and planned tax hikes
Russian budget revenues expected to rise on favourable economic forecast and planned tax hikes The finance ministry expects consolidated budget revenues to rise slightly faster than inflation in comi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Chinese economy stumbled in April
China Chinese economy stumbled in April Covid lockdowns and the resulting uncertainty and supply-chain disruptions caused China’s key economic indicators to plummet in April. The National Bureau of ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Contraction of Russian economy accelerated in September
Russia Contraction of Russian economy accelerated in September Preliminary figures from the economic development ministry show Russian GDP contracted by 5 % y-o-y in September, a slightly highe...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Several factors affect decline in Russian household income and spending
Several factors affect decline in Russian household income and spending Private consumption last year fell by 5 % and real household incomes by 6 %, even as the average real wage rose slightly. Sever...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian imports finally on the rise
Russian imports finally on the rise Measured in US dollars, the value of imported goods rose at a rate of nearly 6 % y-o-y in the third quarter. In the on-year terms, it was the first increase in imp...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
CBR lowers key rate; no further interest rate cuts expected this year
CBR lowers key rate; no further interest rate cuts expected this year At its regular meeting on September 16, the Central Bank of Russia executive board dropped the key rate by 0.5 percentage points ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Bulls run at Moscow Exchange
Russia Bulls run at Moscow Exchange The strong rise in oil prices (BOFIT Weekly 27/2021) and recovery of the Russian economy from the depths of last year’s Covid Recession (BOFIT Weekly 33/2021) hav...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
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 defence spending has increased rapidly
Russian defence spending has increased rapidly The annual global military spending report from the Stockholm International Peace Research Institute (SIPRI) finds that the ratio of government defence ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
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
Russian government budget revenues decline precipitously, spending soars
Russia Russian government budget revenues decline precipitously, spending soars Revenue streams to the consolidated budget, an aggregate of federal, regional and local budgets plus state social fund...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
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
Russian government spending in stimulus mode last year
Russian government spending in stimulus mode last year Consolidated budget revenues declined last year by only about 3 % in nominal terms (the consolidated budget comprises federal, regional and...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
China seeks long-term economic growth through innovation processes
China seeks long-term economic growth through innovation processes OECD estimates show China’s R&D investment rose from $33 billion in 2000 to $336 billion in 2013. Innovation activity has focuse...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian government budget revenues rise, spending growth slows and budget deficit shrinks
Russia Russian government budget revenues rise, spending growth slows and budget deficit shrinks Revenues to the consolidated budget (federal, regional and municipal budgets, plus state social fund ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Economic forecasts for Ukraine revised slightly downward
Ukraine,economy,BOFIT Weekly Review Economic forecasts for Ukraine revised slightly downward Forecasters at the National Bank of Ukraine reduced their 2025 prognosis in April to 3.1 % (down from 3.6...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Signing of US-Ukraine mineral agreement an important political stepping stone
Ukraine,economy,BOFIT Weekly Review Signing of US-Ukraine mineral agreement an important political stepping stone On April 30, the Ukraine and the United States signed an agreement creating the Unit...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
New challenges for Ukrainian exporters of agricultural products to the EU
Ukraine,economy,BOFIT Weekly Review New challenges for Ukrainian exporters of agricultural products to the EU At the start of the war, the EU temporarily eliminated import duties and quotas on many ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Russian farm output provides a small ray of light
Russian farm output provides a small ray of light The official end of the harvest season passed at the start of this month, even if it was estimated that less than 8 % of the land area dedicated to g...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015