Russian first-quarter GDP contracted by 2 % on year
#russia Russian first-quarter GDP contracted by 2 % on year Rosstat’s preliminary estimate suggests that Russian GDP contracted by 2 % y-o-y during the January-March period. The rate of contrac...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Chinese inflation remains remarkably low
Chinese inflation remains remarkably low China’s National Bureau of Statistics (NBS) reports that the 12-month rise in consumer prices slowed to just 1 % in February. Consumer prices were up by ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
China’s National People’s Congress convenes to approve policy agenda, targets, administrative reforms and budget
China’s National People’s Congress convenes to approve policy agenda, targets, administrative reforms and budget China’s highest decision-making body, the National People’s Congress, is currently con...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Russian economy has recovered from last year’s recession, but pace of recovery varies considerably across branches
Russia Russian economy has recovered from last year’s recession, but pace of recovery varies considerably across branches The Russian economy has largely recovered from the recession in spring 2020,...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russia’s GDP growth last year higher than expected; lower growth ahead
Russia’s GDP growth last year higher than expected; lower growth ahead Preliminary figures suggest surprisingly robust Russian GDP growth in 2023 Rosstat last week released its preliminary 2023 data,...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
BOFIT expects Chinese economic growth to slow in coming years
BOFIT expects Chinese economic growth to slow in coming years On Monday (Oct. 30), BOFIT released its latest Forecast for China 2023–2025 and held a briefing in Finnish on the Chinese economy (here)....
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
BOFIT Forecast 2021−2023 for Russia sees recovery amid exceptionally large risks
Russia BOFIT Forecast 2021−2023 for Russia sees recovery amid exceptionally large risks Our latest Forecast for Russia sees Russian GDP recovering from last year’s 3 % dip by growing nearly 3&#...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
China eliminates remaining import tariffs on African nations
BOFIT Weekly Review,China China eliminates remaining import tariffs on African nations At the beginning of the year, China announced it would get rid of all remaining tariffs on goods from Africa as...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2026
Transient factors accounted for some of India’s recent robust GDP growth performance
India,BOFIT Weekly Review Transient factors accounted for some of India’s recent robust GDP growth performance Latest data show that Indian GDP in July-September grew 8.2 % y-o-y. Private consumptio...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
China’s economic trends remained relatively strong in April
China,economy,BOFIT Weekly Review China’s economic trends remained relatively strong in April Despite the unprecedented flaring of the US-China trade war in the first half of April, China’s official...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
With bank profitability in China sagging, government seeks recapitalisation of large banks, mergers for small banks
China,economy,BOFIT Weekly Review With bank profitability in China sagging, government seeks recapitalisation of large banks, mergers for small banks China’s officials announced last autumn a major ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
BOFIT Forecast for China 2024-2026 / 2
<p><em>The newest forecast from the Bank of Finland’s Institute for Emerging Economies (BOFIT) sees China’s economic growth on a slowing trend. Real GDP growth this year is expected to rem...
Bofit.fi / Bofit homepage / BOFIT / News / 2024
BOFIT Forecast for Russia 2024-2026 / 2
<p>The latest forecast from BOFIT, the Bank of Finland’s Institute for Emerging Economies, sees Russian economic growth this year exceeding its previous estimate made last April. The higher 2024...
Bofit.fi / Bofit homepage / BOFIT / News / 2024
Still no signs of economic recovery in China
China,economy Still no signs of economic recovery in China All major economic indicators suggest that China’s weak economic conditions persisted in August. Domestic consumers demand was particularly...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
FDI outflows of Chinese firms still below 2016 level
China FDI outflows of Chinese firms still below 2016 level Even as China’s trade war with the US escalated, foreign direct investment flows into China increased in the first nine months of this year...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
85 % of China’s energy needs still met with fossil fuels
China 85 % of China’s energy needs still met with fossil fuels China is by far the world’s biggest primary energy consumer. The latest figures from British Petroleum show that in 2018 China use...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
As the latest covid wave hits China, the government makes adjustments to covid rules
China As the latest covid wave hits China, the government makes adjustments to covid rules The number of confirmed covid cases has soared in recent weeks. The average daily number of confirmed covid...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
BOFIT forecast sees Chinese growth slowing at about one percentage point a year from 2019 to 2021
China BOFIT forecast sees Chinese growth slowing at about one percentage point a year from 2019 to 2021 Growth of over 6 % p.a. is required for China to meet its declared goal of doubling 2010 ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia’s federal budget sees exceptional drop in revenues in July; spending continues to rise
Russia Russia’s federal budget sees exceptional drop in revenues in July; spending continues to rise Federal budget revenues in July declined by 25 % from a year earlier. Tax revenues from oil ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
President Xi Jinping sets out China's goals in opening address to party congress
China President Xi Jinping sets out China's goals in opening address to party congress President Xi Jinping sets out China's goals in opening address to party congress The Communist Party o...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017