KSH: investments decreased by 12 percent year-on-year in the third quarter

By: Trademagazin editor Date: 2020. 11. 26. 11:45

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The volume of investments was 12 percent lower in the third quarter than a year earlier than in the previous quarter -the Central Statistical Office (KSH) announced on Thursday.

Investment fell in most sectors of the economy, but in the context of the pandemic situation, it almost doubled in health care, by 98.4 percent.
The decline in developments was mainly caused by larger companies, mainly foreign-owned companies and state-owned companies.

Prior to the 2.1 percent decline in the third quarter, the volume of investment decreased by 1.1 percent in the first quarter and by 3.3 percent in the second quarter, compared to the previous quarter, and the increase was only 0.3 percent in the fourth quarter of last year. (MTI)