Russia: consumptionforecast

摘要

Slowdown of investment activity results from adverse foreign economic factors amid weakeningsolvent demand. Housing construction market proceeded to the next stage of reforms, so theboom of flats purchases is over. Demand for flats from housing construction industry will be slackin the forecast period. Governmental investments into infrastructure are supposed to drive thegrowth, but the slow rate of projects implementation raise doubts as to the sustained growth inthe near future. The outlook for vehicle production industry is not bright amid trimmed governmental support, low growth of incomes and lowering demand. Producers of large-diameter pipeswill keep cutting strip consumption upon completion of shipments for large pipeline projects.