Global oil production is growing faster than consumption
BOFIT Weekly Review,world economy Global oil production is growing faster than consumption The price of a barrel of Brent blend crude oil fell last year by $14 (19 %) to around $61 a barrel. The inc...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2026
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
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
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
Ukraine’s economy shrank by about a third last year
#Ukraine Ukraine’s economy shrank by about a third last year According to the preliminary assessments, the country’s GDP contracted by roughly 30 % last year. Both private consumption and fixed...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
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
After a long pause, Ukraine receives new loan tranche from the IMF
Ukraine After a long pause, Ukraine receives new loan tranche from the IMF On Monday (Oct. 22), the executive board of the International Monetary Fund granted Ukraine a loan tranche of $700 million ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
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
CBR lowers key rate by 25 basis points
CBR lowers key rate by 25 basis points The key rate is 9.75 % from this week. The CBR noted that a faster-than-expected drop in inflation and a slight decline in inflation expectations justified the ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
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
Call for BOFIT Visiting Researchers Programme for autumn/winter 2023 is now open
visiting researchers programme Call for BOFIT Visiting Researchers Programme for autumn/winter 2023 is now open BOFIT Visiting Researchers Programme – call for autumn/winter 2023 is open until 1 May...
Bofit.fi / Bofit homepage / BOFIT / News / 2023
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
Russian industrial output contracted in September
Russian industrial output contracted in September Total seasonally and workday-adjusted industrial output contracted slightly in September from August. The volume of production was down 0.8 % y-o-y....
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian consumption and output declined in July
Russian consumption and output declined in July The volume of retail sales (seasonally adjusted) contracted further last month and was 5 % smaller than in July 2015. The decline from a year ago was s...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian economy has shrunk considerably from early 2015
Russian economy has shrunk considerably from early 2015 Seasonally adjusted figures show a substantial recovery in industrial output in the first three months of this year. Extractive industries, par...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Revised figures show some shifts in Russian GDP components in the past few years
Revised figures show some shifts in Russian GDP components in the past few years Rosstat’s revised annual data found no change in the GDP growth figures in 2012–2015. Compared to the previous data re...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016