**Russian companies' fixed capital investment grew by 8.7% year-on-year in May, while the growth in the production of consumer goods slowed to 2.3% year-on-year compared to the previous quarter.** According to the National Bureau of Statistics, the growth of fixed capital investment in Russia in May increased by 8.7% year-on-year, while the growth in the production of consumer goods slowed to 2.3% year-on-year compared to the previous quarter. This growth was ensured by the expansion of the economy, the strengthening of ties with other countries, the activation of production capacity, and the reduction in prices for end products.
**Reasons for the growth and key factors** The increase in the number of exporters is associated with the activation of production capacities and the measures of the government to support the economy. The main drivers are the sectors of electronics, automotive, and pharmaceuticals. For example, the growth in car production with internal combustion engines increased by 1.2% per month. Analytical trends are reflected in the production of medicines.
**Expert comments** «The growth in investment in fixed capital is talking about the positive effects of the stabilization of the economy, but internal and external risks, such as the stage in the economy of China and Europe, remain significant,» — said Venn Syaotun, an analyst, noting the need for further support from the state.
**Prospects and forecasts** Experts believe that the growth in fixed capital investment could save the dynamics of the economy in the coming months, if the Central Bank continues to support the economy with cheap loans and stimulate internal demand. One global novelty and the tightening of monetary policy in large economies are seen as key factors affecting the long-term prospects.
