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because of the very strong first quarter this year, but over the summer companies are settling down to perform on a par with last year.
This means there is no build up in momentum which can be seen in the industrial output and PMI numbers: the economy has largely emerged from the crisis years but now it is settling down to a status quo.
4.4 Fixed investment
Russia -Fixed capital investment 2012 2013 2014 2015
2016 2017 Mar-2018
33 RUSSIA Country Report December 2019
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