Putin looks forward to overcoming negative trends in turnover with TurkeyBusiness & Economy December 06, 21:20
Red Cross to continue humanitarian operations in Aleppo — spokespersonWorld December 06, 21:09
Russia proposes UN to be venue for discussing world’s controversial anti-doping systemSport December 06, 21:04
Dialogue on Germany’s initiative for armed control depends on NATO — diplomatRussian Politics & Diplomacy December 06, 20:57
Mikhail Saakashvili says he seeks to change Ukraine’s political classWorld December 06, 20:46
Defense minister promises 2017 World Military Games in Sochi to be held 'at highest level'Military & Defense December 06, 20:37
Syrian army takes control of another 5 districts in eastern Aleppo — ministryWorld December 06, 20:13
Turkish PM Yildirim’s exclusive op-ed for TASS on relations with RussiaWorld December 06, 19:58
Lawmaker says Jagland asked Duma speaker not to set conditions for Russia’s return to PACERussian Politics & Diplomacy December 06, 19:09
BELOKURIKHA (Altai Territory), February 21. /ITAR-TASS/. Fixed asset investments with seasonal adjustment declined 4.1% in January, Russian Deputy Economic Development Minister Andrei Klepach told an agricultural conference on Friday.
Investments dropped sharply in mechanical engineering and production of construction materials. Investments also shrank in agriculture, and a “difficult situation” would likely continue in 2014, Klepach added.
The deputy minister noted deceleration of consumer demand growth that had maintained economic activity.
“Half of consumer demand is connected with foods. Last year, retail added 3.9 percent. This year, we expect a slowdown to 3.5%,” Klepach said, adding that in January, retail turnover declined 0.5%.
The end of last year saw a considerable increase in non-fuel exports, in particular machines and equipment. Metal exports started to grow, which was “positive”, Klepach said, yet speaking of internal demand, he noted investments continuing to slip almost until the end of 2013 with January 2014 continuing the trend.