KSH: The investment appetite of businesses operating in food-type store mixed trade has also declined

By: Trademagazin Date: 2023. 03. 01. 11:14

The volume of investments was shaped by the decreasing activity of the budget, households and businesses. The decline in the current period was mitigated the most by the significant expansion of the manufacturing industry, which has the largest share in terms of the overall national economic performance, the KSH wrote. In 2022, overall, the volume of investments increased by 1.0 percent compared to the previous year.

Within the 5.5 percent decrease in investments compared to the previous quarter, the seasonally adjusted volume of construction investments shrank by 6.3 percent, while that of machinery and equipment investments shrank by 1.7 percent.

Compared to the same period of the previous year, the volume of construction investments, representing more than one-sixth of the output value, decreased by 6.6 percent, and that of machinery and equipment investments, which accounted for approximately one third, by 5.5 percent. Within machinery investments, the volume of imported machines as well as domestically produced ones decreased.