Capital investments in the agricultural sector increase

In January-September 2021, capital investments in the agricultural and food sectors of the economy amounted to UAH 48.83 billion, of which UAH 33.34 billion (68.3%) was in agriculture and 15.49 billion UAH (31.7%) in the food industry.

The National Research Center “Institute of Agrarian Economics” (IAE) reports this, commenting on data provided by the State Statistics Service on the volume of capital investment for January-September 2021, Ukrinform reports.

In the structure of capital investments in the economy, investments in the manufacturing of agricultural and food products totaled 14.7% in January-September 2021.

In January-September 2021, compared to the same period last year, capital investments in the agriculture and food industry increased by 13.1%, which suspended the worsening of the investment crisis. At the same time, the growth of investments was recorded only in the agricultural sector of the economy, while in the food industry, on the contrary, there was a decline.

The indices of change in the volume of capital investment as a percentage in January-September 2021, compared to the corresponding period last year, were as follows: agriculture and hunting – 119.7%; forestry – 331.0%; fishing – 121.5%; food industry – 95.3%. According to IAE experts, the growth rate of capital investment in agricultural sectors of the economy is 2.2 times higher than the average of the economy.

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Lana T. Arthur