KSH: For now, investments have increased, but that will change soon
Investments increased in the second quarter of this year based on the latest data from the KSH, both the corporate and budgetary spheres contributed to the expansion, but the driving force was the population. The moderate activity of the corporate and budget sectors can already be seen in the data, and the prospects are overshadowed by recession fears, cost overruns, rising interest rates, and budget adjustments.
We get to see the change soon
The volume of developments in the second quarter of this year increased by 7.8% compared to the same period of the previous year, and by 2.5% compared to the previous quarter, seasonally adjusted.
The increase in investments can be explained by the strong activity of households and the moderate activity of businesses and the budget
– writes the KSH.
“The significant developments in the manufacturing industry, as well as housing construction and real estate renovations, increased the national economic performance, while investments related to transport, warehousing, and trade held back”
– is stated in the summary of the office.
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