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
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
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
No changes in Russian social entitlements for the time being
No changes in Russian social entitlements for the time being The national minimum wage will increase by 300 rubles to 7,800 rubles (€120) a month, but only in June 2017. The labour ministry notes the...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
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
IMF disburses new loan tranche to Ukraine
IMF disburses new loan tranche to Ukraine At its meeting on Wednesday (Sept. 14), the executive board of the International Monetary Fund voted to grant Ukraine the third tranche of its four-year $17....
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
Liquidity in Russian banking sector recovers
Liquidity in Russian banking sector recovers Poor economic performance, fluctuations in the ruble’s exchange rate, the drop in foreign financing and increase in household savings rate have affected t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
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
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
Ukraine’s economy grew last year despite massive damage to its energy sector
Ukraine,economy,BOFIT Weekly Review Ukraine’s economy grew last year despite massive damage to its energy sector Preliminary figures show Ukraine’s GDP grew by an impressive 3.4 % last year, even if...
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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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
Visiting Researchers Programme
Our Visiting Researchers Programme figures prominently in BOFIT research work.
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Russian companies having problems in payments
Russian companies having problems in payments Rosstat finds that the ratio of overdue payments in corporate payments has gradually risen over the past two years. The overdue rate exceeded 6 % of the ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian federal budget revenues declined last year, while defence spending soared
Russian federal budget revenues declined last year, while defence spending soared In nominal ruble terms, federal budget revenues last year contracted 6 %. In real terms (i.e. taking inflation into c...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian inflation surged to heights last year
Russian inflation surged to heights last year The on-month rise in consumer prices in December, as in November, outpaced the last significant rise in November-December 2010 – not counting the record ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016