Russian government issues lean proposals for 2016 federal and state social fund budgets
Russian government issues lean proposals for 2016 federal and state social fund budgets In submitting its draft budgets to the Duma, the finance ministry included an estimate for total government-sec...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Large shifts in structure of government revenues and spending
Large shifts in structure of government revenues and spending In the first half of 2015, revenues to the consolidated budget (federal, regional and local governments, plus state social funds) remain...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
IMF report clarifies issues on possible inclusion of yuan in SDR basket
IMF report clarifies issues on possible inclusion of yuan in SDR basket The IMF Board will decide this November on adding the Chinese yuan to the IMF’s Special Drawing Rights (SDR) basket reserve cu...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Depressed Russian demand and output continued in May
Depressed Russian demand and output continued in May For the third month in a row, the volume of retail sales was down about 9 % y-o-y. The contraction for the first five months of 2015 was over 7.5...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
China surpasses the US in volume of international patent applications
China China surpasses the US in volume of international patent applications 2019 figures just released by the World Intellectual Property Organization (WIPO), a specialised UN agency, show that a to...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russian Duma approves adjustments to federal and social fund budgets for 2015
Russian Duma approves adjustments to federal and social fund budgets for 2015 The Duma made no change to the government’s proposed federal budget in aggregate, even if the modifications had caused h...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russians experienced drop in real household incomes last year
Russians experienced drop in real household incomes last year Rising inflation caused real household incomes to contract by nearly 1 % last year. When inflation flared in November and December 2014, ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Healthy increase in Finnish exports to China last year
China Healthy increase in Finnish exports to China last year Finnish Customs values Finland’s goods exports to China last year at 3.5 billion euros, an increase of 4 % from 2017. Exports set a nearl...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Trade dispute gives impetus to long-stalled economic reforms in China
China Trade dispute gives impetus to long-stalled economic reforms in China Chinese officials this summer implemented reforms aimed at easing access of foreign firms to China’s markets. Measures inc...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Chinese efforts to stave off economic slowdown to continue in 2024
China Chinese efforts to stave off economic slowdown to continue in 2024 In recent months, China has employed a wide variety of measures to stimulate economic growth (BOFIT Weekly 44/2023). Most of ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
IMF raises its forecast for global economic growth
world economy IMF raises its forecast for global economic growth In its latest World Economic Outlook released this week, the International Monetary Fund now sees annual global growth reaching 3.0&#...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Minor shifts in the structure of Russian foreign trade
Minor shifts in the structure of Russian foreign trade Measured in US dollars, the value of both goods exports and goods imports contracted by 30 % y-o-y in the fourth quarter of 2015. The rate of co...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Despite yuan promotion policies, international use of the currency remains modest
China Despite yuan promotion policies, international use of the currency remains modest The yuan (CNY), which is still not freely convertible due to China’s strict currency controls, has yet to esta...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Robotisation of China zooms along
China Robotisation of China zooms along China has been the world's largest market for industrial robots since 2013, and accounted for 30 % of global industrial robot sales in 2016. The Internati...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian inflation slowed substantially in 2016
Russian inflation slowed substantially in 2016 Consumer prices were up 5.4 % y-o-y at the end of December, the lowest pace for 12-month inflation since spring 2012. Inflation was nearly 13 % at the e...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
This year’s economic goals rolled out at National People’s Congress
China This year’s economic goals rolled out at National People’s Congress On Saturday (Mar. 5), the 2,980-member People’s National Congress convened for a week-long plenary session in Beijing. As pa...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Maize boosts this year’s grain harvest in China
China Maize boosts this year’s grain harvest in China China’s National Bureau of Statistics reports that the country’s total grain harvest this year amounted to 683 million metric tons, a 2 % i...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
China nears euro area in terms of consumed foreign value added of goods and services
China China nears euro area in terms of consumed foreign value added of goods and services The OECD released its latest Trade in Value Added (TiVA) assessment in mid-November. The figures cover 66 e...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
China ranked the world’s top FDI recipient in 2020
China China ranked the world’s top FDI recipient in 2020 In a trend running counter to the rest of the world, foreign direct investment flows to China increased last year amidst the global pandemic ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
China is Myanmar’s most important trading partner
China China is Myanmar’s most important trading partner At the beginning of February, China’s foreign affairs ministry issued a tepid statement noting the military coup in Myanmar and hoped that the...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021