KSH: increasing investments in the first quarter

In the first quarter of this year, the volume of investments exceeded the low base of the same period of the previous year by 34.1 percent, when a 14.9 percent decline occured in a year-on-year comparison – the Central Statistical Office (KSH) announced on Tuesday.

There is no data of similar growth in recent years, the highest increase in the second quarter of 2014 was 29.3 percent. Last year, the volume of investments declined by 20.0 percent as a result of the change in the EU subsidies cycle, after a 7.1 percent increase measured in the previous year.
The seasonally adjusted volume of investments increased by 7.4 percent compared to the fourth quarter of last year. (MTI)