Investments 2.5 percent up in October

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Statistics Netherlands (CBS) reports that, in October 2023, the volume of investments in tangible fixed assets was up by 2.5 percent year on year. This is mainly due to higher investments in buildings, infrastructure and passenger cars. However, less was invested in computers.

Investment data have not been adjusted for calendar effects. October 2023 had one working day more than October 2022. According to the CBS Investment Radar, conditions for investments in the Netherlands are more unfavourable in December than they were in October.

YearMonthchange (year-on-year % change)
2019November4
2019December8.7
2020January2.7
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
2022January-4.1
2022February-6.9
2022March9
2022April10.2
2022May10.7
2022June9.3
2022July2.9
2022August-0.9
2022September-0.1
2022October-2.3
2022November1.8
2022December3.5
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-1.5
2023May6.3
2023June6.2
2023July2.6
2023August7.7
2023September-1.8
2023October2.5

Investment climate more unfavourable in December

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

 According to the CBS Investment Radar, the investment climate in the Netherlands in December is more unfavourable than it was in October. This is mainly because the year-on-year contraction in goods exports was larger. The year-on-year rise in share prices was less substantial and the industrial capacity utilization rate fell as well. However, consumer confidence was less negative.