Investments almost 7 percent up in May

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© ANP / Erik van 't Woud
Statistics Netherlands (CBS) reports that, in May 2023, the volume of investments in tangible fixed assets was up by 6.9 percent year on year. This is mainly due to higher investments in buildings, passenger cars and aircraft.

Investment data have not been adjusted for calendar effects. May 2023 had the same number of working days as May 2022. According to the CBS Investment Radar, circumstances for investments in the Netherlands are more unfavourable in July than they were in May.

Investments in tangible fixed assets (volume)
YearMonthchange (year-on-year % change)
2019June0
2019July5
2019August17.6
2019September8
2019October5
2019November4
2019December8.7
2020January 2.7
2020February4.3
2020March3.3
2020April-8.8
2020May-16.6
2020June-2.3
2020July-1.1
2020August-18
2020September-1.6
2020October-4.5
2020November-2.2
2020December0.5
2021January-4.1
2021February-6.9
2021March9
2021April10.2
2021May10.7
2021June9.3
2021July2.9
2021August-0.9
2021September-0.1
2021October-2.3
2021November1.8
2021December3.5
2022January-6.9
2022February4.1
2022March-4.6
2022April-0.8
2022May7.8
2022June3.1
2022July-0.7
2022August3.3
2022September3.7
2022October3.8
2022November3.3
2022December-2.1
2023January9
2023February5.3
2023March4.3
2023April-1.6
2023May6.9

Investment climate more unfavourable in July

Every month, CBS publishes updates on the investment climate in the CBS Investment Radar. Relevant circumstances for the investment climate include, for example, the situation on the sales markets and the financial markets. Although the radar indicators show a strong correlation with the investments in fixed assets, improved circumstances do not necessarily translate into an increased growth rate or less investment decline.

According to the CBS Investment Radar, the investment climate in the Netherlands in July is more unfavourable than in May. This is mainly because the year-on-year growth in goods exports was smaller in July’s radar and manufacturers were less positive about their order positions.

Sources

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