Russia fixed-capital investment falls 8.5% in Jan-Sep, Q3 down 6.2% YoY

Rosstat reports a 6.2% YoY decline in Q3 2026 fixed-capital investment, following a 6.6% drop in Q2 and a 14.3% plunge in Q1, bringing the nine-month decline to 8.5%. The continued contraction signals persistent weakness in Russia's investment climate amid sanctions and high borrowing costs, though the pace of decline has moderated from the Q1 trough. This data reinforces expectations of subdued economic growth and may pressure the ruble and Russian assets.

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