Foreign Investments in Russia in Q1 2013

Foreign investment inflow increased 65.4% in Q1 2013. Accumulated foreign investments in Russia's economy increased 0.7% against the beginning of the year. Withdrawn capital saw a 3-fold contraction against January–March 2012, its volume accounting for 40.2% of foreign investment inflow over the period. However, Russian investments in other countries increased to account for 152.7% of the total foreign investments in Russia's economy. Unlike the previous periods, investments in the financial sector lost attractiveness for foreign investors in Q1 2013. The industrial sector was most attractive for foreign investors. Growth in investments in the production industry was supported basically by a substantial growth in investments in coke and oil product industries