Ministry: Russias fixed capital investment grows 23% in AprJun - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Ministry: Russias fixed capital investment grows 23% in AprJun

MOSCOW, Aug 1 (PRIME) Russias capital investment growth slowed down to 23% on the year in AprilJune from 3.6% in JanuaryMarch because of a fall in investment imports, the Economic Development Ministry said in a report on Wednesday.

At the same time, the amount of construction works rose in the second quarter after weak results of the first quarter. Output of industrial goods of investment use continued growing steadily in AprilJune, and output rose in both the machine-tool building industry and in construction materials, the ministry said.

In late June, the ministry worsened its outlook on the growth of fixed capital investments in 2018 in Russia to 3.5% from 4.8%.

End

01.08.2018 16:25
 
 
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