The Central Bank recorded a record growth in five years in Russia

The growth rate of investment in fixed assets in Russia has been the highest since 2012. This is stated in the Central Bank's information and analytical commentary.
According to materials, in the second quarter of 2017, investments in fixed assets increased by 6.3% year-on-year. Quarterly increase in investment increased compared to the same period last year by 2.3%.
It is noted that the investment demand increased beyond expectations - against the background of the strengthening of the ruble, the company actively purchased machinery products, including imported ones. In addition, there was a significant increase in the volume of construction work due to such major projects as the Crimean bridge and the pipeline "Power of Siberia."
In late July, the Ministry of Economic Development of the Russian Federation said that the growth rate of investment in fixed assets in the country in the second quarter of 2017 could be 5-6%.
Head of the department Maxim Oreshkin believes that in order for the Russian economy to reach a growth rate of 3%, the annual volume of additional investments should amount to 5 trillion rubles.