The volume of private sector investments in tangible fixed assets was the same in July 2012 as in July 2011. In June, private sector investments had increased by nearly 3 percent compared to one year previously. In that month, changing tax laws had an upward effect on private sector investments. The limits for CO2 emission, which apply to the tax on passenger cars and motorcycles (BPM) and the additional tax liability for company cars became stricter on 1 July. Many companies decided to purchase a car prior to 1 July.
Investments in the construction sector were lower in July than one year previously, but other investments increased.
Figures on private sector investment are not adjusted for the effects of the number of working days. In 2012, July and June each had one working day more than in 2011.
According to September’s Investment Radar, the Dutch investment climate improved slightly.
Private sector investments in tangible fixed assets (volume)
More figures can be found on the theme page Enterprises.
For more information on economic indicators, the reader is referred to the Economic Monitor.