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
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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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
Revised PPP weights suggest Chinese economy is smaller than previously thought
China Revised PPP weights suggest Chinese economy is smaller than previously thought The International Comparison Program, in which many major international organisations and statistical offices aro...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
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
Research Fellows
2022- Jan Fidrmuc / Lille Économie Management (L.E.M), Université de Lille Jan Fidrmuc holds the Accueil de talents 2020 chaire d'excellence professorship at Lille Économie Manageme...
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Economic growth strong in the first quarter of this year; Russian attacks on Ukraine’s energy systems and lack of skilled workers weaken economic outlook
Ukraine Economic growth strong in the first quarter of this year; Russian attacks on Ukraine’s energy systems and lack of skilled workers weaken economic outlook Ukraine’s GDP growth accelerated to...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
US Congress passes long-awaited military assistance package for Ukraine
US Congress passes long-awaited military assistance package for Ukraine The US Congress passed a $61 billion support package for Ukraine and President Joe Biden signed the legislation into law on Wed...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Global growth outlook improves, but tariff uncertainty creates significant downside risks
BOFIT Weekly Review,world economy Global growth outlook improves, but tariff uncertainty creates significant downside risks In its latest World Economic Outlook update, the International Monetary Fu...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
Research
BOFIT research mainly involves macroeconomic studies of emerging economies with an emphasis on monetary and fiscal policy.
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China’s exports to India on the rise, but imports remain modest
China,Economy,BOFIT Weekly Review China’s exports to India on the rise, but imports remain modest China Customs reports booming goods exports to India. This year goods exports have risen by 13 % y-o...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025