Compared to Q3 2020, construction investments representing six-tenths of the total volume of investments grew at a higher rate, by 14%, investments in machinery and equipment representing close to four-tenths of the total value of investments expanded at a lower rate, by 10%. The volume of domestically produced machinery, responsible for about one-third of machinery investments increased more significantly.
The volume of investments in the case of enterprises employing at least 50 people and realizing 57% of investment performance increased notably (by 22%). New business developments, starting after last year's nadir related to the coronavirus pandemic, have also played a role in the growth, KSH noted.
At the same time, for the budgetary units, which accounted for 13% of investments, developments fell significantly (-12%). Both central government bodies and local governments decreased their investments compared to the base period.
Investment increase in the current period affected the vast majority of sectors. The performance of manufacturing, the largest investor, accounting for one quarter of developments in the national economy, increased by 25%. Performance increased in most subsections, including the three heaviest weighted fields, the manufacture of electrical equipment, the manufacture of transport equipment and the food industry, too.
Performance volume of real estate activities, the second-largest investor accounting for 17% of developments in the national economy grew by 5.7%, dwelling constructions lessened this trend, while developments in business facilities for rent (e.g. office buildings, business premises) increased it.
In the investment volume of transport and storage the expansion beginning in the previous quarter continued (+21%), where besides state-related infrastructural developments market-oriented enterprises engaged in transportation and storage also increased their investments.
The 21% volume growth registered in wholesale and retail trade and repair of motor vehicles and motorcycles section was due to the outstandingly expanding investments in the heaviest weight representing retail sale in non-specialized food, beverages or tobacco stores.
The investment performance of agriculture, forestry and fishing grew significantly (+37%) following the decline in the previous quarters. Developments conducted by enterprises engaged in forestry and logging also contributed to the growth.
Developments in the public administration and defense sector fell by close to one-third, as developments in general public administration, flood protection, and justice decreased.
Manufacturing contributed the most (by 5.7 percentage points) to the 12.4% volume increase of the national economy’s investments in Q3 2021. Investment performance of transport, storage, agriculture, trade as well as real estate business significantly increased the investment activity, too (by 3.2, 1.7, 1.1 as well as 1 pp). At the same time the volume increase has been held back significantly (by 2.1 percentage points) by the performance shrinkage in public administration.