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Perspectives of business investment strongly decrease in 2012. Investment for 2011 revised downward comparing with the results of the previous survey.
Investment survey
Perspectives of business investment strongly decrease in 2012. Investment for 2011 revised downward comparing with the results of the previous survey. - 2nd Semi-annual 2011
31 January 2012

Summary
According to the opinions expressed in the October 2011 Investment Survey (with an inquired period between the 1st October of 2011 and 20th January 2012), the entrepreneurial investment is expected to decrease 17.0% in 2012 in nominal terms. The same survey points also to a change rate of -17.0% in 2011, which represents a significant downward revision comparing with the perspectives revealed in the previous (-9.3 percentage points).
Among the investment objectives, from 2011 to 2012, the perspectives points to an increase of the relative weight of the investment in replacement and a decrease of the relative weight of the investment for the extension of the production capacity and, to a greater extent, for the rationalization and restructuration.
As main limitative factors for business investment identified in the survey, in 2011 and 2012, the deterioration of the sales perspectives followed by the uncertainty on the yield of the investments continue to be the factors mentioned by a larger number of firms.

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