Construction output in Russia decreased 3.10 percent in May of 2020 over the same month in the previous year.
Construction Output in Russia averaged 4.29 percent from 1998 until 2020, reaching an all time high of 30.30 percent in January of 2008 and a record low of -19.30 percent in May of 2009. This page provides - Russia Construction Output- actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Construction Output - values, historical data and charts - was last updated on August of 2020. source: Federal State Statistics Service
Construction Output in Russia is expected to be -5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in Russia to stand at 1.70 in 12 months time. In the long-term, the Russia Construction Output is projected to trend around 3.50 percent in 2021 and 2.10 percent in 2022, according to our econometric models.