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
Changes planned for Russian public sector spending structure already next year
Russia Changes planned for Russian public sector spending structure already next year Changes planned for Russian public sector spending structure already next year The finance ministry's conso...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian economy showing more signs of recovery
Russia Russian economy showing more signs of recovery Russian economy showing more signs of recovery Following a weak spell in June and July, Rosstat reports that seasonally and workday-adjusted in...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian government revenues and spending continued to decline in real terms last year
Russian government revenues and spending continued to decline in real terms last year The consolidated budget, which combines federal, regional and local budgets, and state social funds, showed a sli...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
CBR holds key rate unchanged; policy outlook slightly adjusted
CBR holds key rate unchanged; policy outlook slightly adjusted At its regular meeting, the board of the Central Bank of Russia last Friday (Feb. 3) decided to keep the key rate at 10 %, the level it ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
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
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
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
Russian economy gradually recovers
Russia Russian economy gradually recovers Russian economy gradually recovers After rising throughout the spring, seasonally and workday-adjusted industrial output contracted slightly in June. In on...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Immediate impacts of US election results on the Russian economy appear minimal
Immediate impacts of US election results on the Russian economy appear minimal The immediate fallout from announcement on Wednesday (Nov. 9) morning of Republican presidential candidate Donald J. Tru...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
China’s competitiveness unchanged relative to other countries
China’s competitiveness unchanged relative to other countries The World Economic Forum (WEF) Global Competitiveness Index (GCI) rankings of 140 countries put China this year in 28th place. China has ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
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
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
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
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
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
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
BOFIT
The Bank of Finland Institute for Emerging Economies (BOFIT) is an internationally renowned research institute specialising in emerging economies and global economic developments.
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Financial woes of Russian regions begin to bite
Financial woes of Russian regions begin to bite Researchers at the Development Centre at Moscow’s Higher School of Economics report combined regional budget deficits this year could reach as much as ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian inflation soars
Russian inflation soars January consumer prices rose 15 % y-o-y. Inflation last ran this high in 2008. Food prices were up 21 % and other goods 11 %. The Russian government, concerned about the rapi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015