Statistics Netherlands announced today that the volume of investment in tangible fixed assets was 5.1 percent higher in January 2015 than in January 2014. The increase is mainly caused by higher investments in road transport and residential property. In November and December 2014, investments fell by 0.9 and 2.8 percent respectively.
Investment figures are not adjusted for differences in the working-day pattern. January 2015 had one working day less than January 2014.
Higher investments in transport equipment and residential property
In January, investments increased in nearly all investment categories compared to one year previously. Investments in transport equipment, e.g. (articulated)lorries rose noticeably. In January 2014, investments in these types of transport equipment were low. This coincided with the introduction of new European emission standards in January 2014. In January 2015, car sales also increased.
In addition, investments in residential property and infrastructural projects were higher than in January 2014. Investments in machinery and telecommunications also increased.
Investment climate improves in March
According to the Investment Radar, the investment climate in the Netherlands improved in March compared to February. The growth of exports, for example, was more substantial than last month. The mood among Dutch consumers also improved considerably. By means of six indicators, the Investment Radar shows whether the investment climate has become more or less favourable.
For more information on economic indicators, see the Economic Monitor.