KSH: The investment appetite of businesses operating in food-type store mixed trade has also declined
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.
Related news
NGM: domestic economic processes are developing favorably, industrial performance is held back by weak external demand
Domestic economic processes are developing favorably, the performance of industry…
Read more >Rising prices of services are driving inflation – not food
Although food prices continue to be the focus of public…
Read more >Eggs are also becoming more expensive in the EU
According to data from the European Commission, the EU (EU27)’s…
Read more >Related news
NGM: domestic economic processes are developing favorably, industrial performance is held back by weak external demand
Domestic economic processes are developing favorably, the performance of industry…
Read more >SPAR opened a new supermarket in Kecskemét
SPAR Hungary has opened a new supermarket in Kecskemét with…
Read more >600,000 products are moved daily in Tesco’s new logistics center to supply nearly 200 stores within 24 hours
Tesco’s logistics center in Szigetszentmiklós, which was opened in November…
Read more >