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
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
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Russian farm production growing gradually
Russian farm production growing gradually Bans on imports of certain foods and policies favouring domestic producers have had only minor impact on production volumes of domestic farmers. Russian prod...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russian producers feel hints of recovery, though consumption continues to fall
Russian producers feel hints of recovery, though consumption continues to fall Seasonally adjusted industrial output increased 0.3 % in June from May. Industrial output has bobbed up and down this ye...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
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
Construction of new Rosatom reactor units in China gets underway
Construction of new Rosatom reactor units in China gets underway China announced in late May that construction work on new reactor units was underway at the Tianwan and Xudapu nuclear power plants. R...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
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
Finnish first-half goods trade deficit with China balanced by services trade surplus
China Finnish first-half goods trade deficit with China balanced by services trade surplus While Finnish Customs reports that Finland’s overall goods trade turnover grew at an average pace of 6 % y-...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian economy started to recover again in January-February
Russian economy started to recover again in January-February Following weaker performance at the end of last year, the Russian economy appeared to get back to the track of slow growth in the first tw...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
China may introduce retaliatory measures as the US goes ahead with steel and aluminium import tariffs
China China may introduce retaliatory measures as the US goes ahead with steel and aluminium import tariffs China may introduce retaliatory measures as the US goes ahead with steel and aluminium imp...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Big differences in regional economic growth rates
China Big differences in regional economic growth rates Big differences in regional economic growth rates Regional 2017 GDP growth figures for China's provinces range from a decline of 14 % in ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian federal budget revenues get a big boost from higher oil prices
Russian federal budget revenues get a big boost from higher oil prices Federal government revenues in the first quarter were much higher than in 1Q16. Revenues increased for the first time since late...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
China's filings of international patent applications jump last year
China's filings of international patent applications jump last year The number of Chinese patent applications in 2016 increased by 45 % y-o-y, totalling 43,170 filings. Patent application filings...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Wage growth slows; Chinese wage levels already high among emerging economies
Wage growth slows; Chinese wage levels already high among emerging economies The latest household survey of China's National Bureau of Statistics finds that wage growth in urban areas slowed to 7...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian output recovers, but consumption slump drags on
Russian output recovers, but consumption slump drags on Industrial output in November-December 2016 rose by about 3 % y-o-y. Growth was slightly over 1 % for all of 2016. Rosstat noted that its full-...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Gas sector drives growth in fixed investment
Gas sector drives growth in fixed investment Newly released Rosstat figures show a small recovery in seasonally adjusted fixed investment happened earlier than what the figures showed in late summer....
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016