In February 2012, the volume of private sector investments in tangible fixed assets was more than 2 percent up on February 2011, after a 5 percent growth in January. Private sector investments in tangible fixed assets have been higher than one year previously for well over a year now, but over the past 2 months growth slowed down. Private sector investments are still distinctly below the level prior to the 2008 credit crisis.
Lower Investments in the construction sector had a downward effect on investment growth in February. The less favourable weather conditions in February 2012 relative to February 2011 curbed production in this sector. As 2012 is a leap year, February had one working day extra relative to February last year. Private sector investment figures are not adjusted for the effect of the number of working days.
The investment climate improved somewhat in April relative to the preceding month. Improvements prevail in April’s Investment Radar.
Private sector investments in tangible fixed assets (volume)
More figures can be found on the theme page Enterprises.