07.Oct .2022 18:00

Business Has Positive Expectations With Regard To Investments In 2022 -BAG Index

Business Has Positive Expectations With Regard To Investments In 2022 -BAG Index
views 423
Back

In Q3 of 2022, 63% of surveyed businesses claimed they will increase their total investments in 2022, compared to 2021. At the same time, 32% of the surveyed companies expect no change in their total investments, while only 5% expect a decrease in total investments, - according to the report published by BAG Index.

It should be noted that according to the results of the survey of the third quarter of 2022, compared to projections made in the first quarter of 2022, the expectations of companies had improved. According to the survey conducted in the first quarter of 2022, 59% of the surveyed companies were planning to increase their total investments in 2022, which is 4 percentage points below the result of the latest survey. Meanwhile, the percentage of businesses planning to decrease their total investments is 4 percentage points lower compared to previous expectations (5%). Accordingly, from the first to the third quarter of 2022 companies have positively altered their investment plans for 2022.

Amongst all four sectors, the trade sector conveyed the most optimistic expectations in direction of the investment for 2022. 76% of companies in the trade sector claimed that they will increase their total investment in 2022, compared to 2021. Similar expectations are reported in the construction sector with 73% of companies planning to increase their total investments, meanwhile, for the manufacturing and service sectors, the same figures are equal to 57% and 52% respectively.

In 2022, more positive expectations with regard to investments were recorded in equipment and software/databases, while less positive expectations were recorded with regard to investments in plants. 58.4% of the surveyed companies expect to increase their investments in equipment in 2022, compared to 2021, while 57.7% of businesses have the same expectation for investments in software/databases and 55.2% of businesses expect to increase their investments in plants.