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increasing 0.4% y/y in April). Prices for housing and utilities continued to decline, losing 2.8% m/m (vs. a 3.2% m/m decline in April) mostly due to a plunge in natural gas prices by 16.8% m/m. In addition, prices for transportation fell 2.0% m/m, which was driven by sliding prices for fuel and lubricants that lowered prices for railroad transportation.
4.3​ Fixed investment
Capital investment in Ukraine fell during the first quarter by 35.5%, ​a reversal of 21% growth in the fourth quarter of last year, reports the State Statistics Service.
According to the State Statistics Service, in the first quarter of this year, UAH 76.914 billion of capital investment was disbursed (excluding the temporarily occupied Crimea, Sevastopol and the territories of Luhansk and Donetsk regions).
For this January-March period, the hot spots were: services + 51%; telecom + 41%; and IT + 9%. About 75% of the $2.8bn in investment was financed from company cash flows. Of the investment, 42% went for machinery and vehicles, and 49% for buildings.
29​ UKRAINE Country Report​ July 2020 ​ ​www.intellinews.com