Investments over 3 percent up in July

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© ANP / Peter Hilz
Statistics Netherlands (CBS) reports that, in July 2023, the volume of investments in tangible fixed assets was up by 3.3 percent year on year. This is mainly due to higher investments in transport equipment (passenger cars, other road transport and aircraft) and buildings.

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

Investments in tangible fixed assets (volume)
YearMonthchange (year-on-year % change)
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
2023May6.7
2023June7
2023July3.3

Investment climate more unfavourable in September

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 September is more unfavourable than it was in July. This is because manufacturers were less positive about their order positions, the industrial capacity utilisation rate was lower, the year-on-year growth in share prices was less substantial and the year-on-year contraction in goods exports was higher.