In March 2012, the volume of private sector investments in tangible fixed assets was nearly 6 percent down on March 2011, after a 4 percent decline in February. The growth of private sector investments turned into decline in the first quarter of 2012. Private sector investments are distinctly below the level prior to the 2008 credit crisis.
Lower investments in the construction sector had a downward effect on investment growth in March. This is partly due to the working-day pattern. March 2012 had one working day less than March 2011. Figures on private sector investments are not adjusted for the effect of the number of working days.
The investment climate in May was somewhat less favourable relative to the preceding month. Downturns prevail in May’s Investment Radar.
Private sector investments in tangible fixed assets (volume)
More figures can be found on the theme page Enterprises.