Russian government sector spending increased rapidly last year; oil price drop changes outlook
Russia Russian government sector spending increased rapidly last year; oil price drop changes outlook Growth in revenues to the consolidated budget (federal, regional and municipal budgets plus stat...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russian industrial output growth accelerated in April
Russian industrial output growth accelerated in April After three months of lower growth this year, industrial output growth accelerated in April to 4.6 % y-o-y. For the January-April period, in...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
China’s foreign trade contracted in January-February
China China’s foreign trade contracted in January-February China Customs valued the country’s goods exports in January-February at 350 billion dollars, a 5 % decrease from the first two months of 20...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Ukraine gets new IMF programme
Ukraine Ukraine gets new IMF programme At its meeting this Tuesday (Dec. 18), the executive board of the International Monetary Fund (IMF) voted to grant Ukraine a new Stand-By Arrangement (SBA). Th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Slow export growth in China in the first half; value of imports declines
Slow export growth in China in the first half; value of imports declines In the first six months of 2015, the value of exports increased about 1 % from 1H14. The value of imports declined 16 %. Expo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Founding documents signed for AIIB development bank
Founding documents signed for AIIB development bank The founding agreement for the China-led Asian Infrastructure Investment Bank (AIIB) was signed at the end of June by 50 counties, including Finla...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian finance ministry expects spending on defence and social security to plateau next year
Russian finance ministry expects spending on defence and social security to plateau next year In its budget policy framework proposal, the finance ministry noted it expects defence and social spendi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Decline of investment limited by oil and gas sector
Decline of investment limited by oil and gas sector Total investment of the economy has fallen since spring 2013. Last year, investment contracted 2.5 % y-o-y, and in the first quarter of this year...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian domestic demand down sharply in April
Russian domestic demand down sharply in April The slide in the volume of retail sales accelerated to 10 % y-o-y, a drop similar to that witnessed during the 2009 recession. In January-April, th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
CBR returns to the forex market
CBR returns to the forex market Last week (May 14), the CBR announced it started regular forex purchases to increase its forex reserves. The central bank emphasised that the purpose of the forex buyi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
IMF forecasts uneven development for the global economy
IMF forecasts uneven development for the global economy In its latest World Economic Outlook (WEO) released this week, the IMF sees economic growth strengthening in advanced economies this year, whil...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Boom in Chinese tourism balances goods trade surplus
Boom in Chinese tourism balances goods trade surplus The goods trade surplus hit record highs again in January and February, with exports rising 15 % y-o-y and imports dropping by 20 % y-o-y. The gro...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian inflation averaged 11.4 % in 2014
Russian inflation averaged 11.4 % in 2014 Inflation staged a dramatic pickup in November and December. Preliminary Rosstat figures show food prices increasing at an on-year rate above 15 % in Decembe...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Archive search
BOFIT Weekly Review yearbooks 2004– Russian and Baltic Economies - The Week in Review yearbooks 2001–2003 Read more Archive search You can search for BOFIT Weekly Review articles on economic issues...
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Every fifth international patent application now comes from China
China Every fifth international patent application now comes from China The latest annual report from the World Intellectual Property Organization (WIPO) notes that globally 243,500 patent applicati...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Finnish goods exports to China rising much faster than exports generally
Finnish goods exports to China rising much faster than exports generally Finnish Customs reports that, while Finnish goods exports overall increased by less than 15 % last year, the value of Finnish ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Brisk growth in Russian foreign trade
Brisk growth in Russian foreign trade Russian goods trade in the first quarter saw increases with nearly all trading partners across all main product categories. The value of exports exceeded $80 bil...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian authorities reconsidering the idea of virtual currency
Russian authorities reconsidering the idea of virtual currency Russian officials have earlier viewed the concept of virtual currency with scepticism. In spring 2016, for example, the finance ministry...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
New information on Russian industrial output
New information on Russian industrial output Rosstat has released more data based on new industrial branch classifications and other statistical changes. The new data now reach back to the start of 2...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Ukraine receives its fourth IMF loan tranche
Ukraine receives its fourth IMF loan tranche At its meeting this week, the executive board of the International Monetary Fund approved release of the fourth tranche of a $17.5 billion support program...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017