Russian investment fell more than analysts forecast last month and retail-sales growth held near the slowest since 2010, as the crisis in Ukraine batters the $2 trillion economy. Fixed-capital investment fell 2.7 percent from a year earlier, the slowest in four months, after a 2 percent drop in July, the Federal Statistics Service in Moscow said today in a statement. The median estimate of 14 economists in a Bloomberg survey was for a 2 percent decrease. Retail sales expanded 1.4 percent after an upwardly revised 1.2 percent gain in July.
Russia's War Against Ukraine
Bloomberg: Russian investment shrinks more than forecast on Ukraine
Children ride the motorcycle of an armed pro-Russian militant in the eastern Ukrainian city of Luhansk on Sept\u044e 14, 2014 during the celebration of the day of the city.
