You're reading: Bloomberg: Russian investment shrinks more than forecast on Ukraine

 Russian investment fell more than analysts forecast last month and retail-sales growth held near the slowest since 2010, as the crisis in Ukraine batters the $2 trillion economy. Fixed-capital investment fell 2.7 percent from a year earlier, the slowest in four months, after a 2 percent drop in July, the Federal Statistics Service in Moscow said today in a statement. The median estimate of 14 economists in a Bloomberg survey was for a 2 percent decrease. Retail sales expanded 1.4 percent after an upwardly revised 1.2 percent gain in July.

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