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Russia’s investment growth reaches a five-year high in the second quarter

30 August 2017
Year-on-year growth in Russian capital expenditure hit a high not seen since 2012 in the second quarter of 2017, fuelled by appreciation of the rouble and by infrastructure projects such as construction of the Power of Siberia natural gas pipeline and the bridge to Crimea. Investment-driven demand rose more than expected, as firms were actively purchasing machine-engineering products, including imports, after the national currency strengthened early in the year.
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