Significant downward revision of business investment in 2012. Perspectives of less intense reduction in 2013
- 2nd Semi-annual 2012
31 January 2013
Accordingly with the opinions expressed in the October 2012 Investment Survey (with an inquiring period between the 1st October 2012 and the 22nd January 2013), the entrepreneurial investment is expected to decrease 4.2% in 2013 in nominal terms. The same survey points also to a change rate of -26.4% in 2012, which represents a significant downward revision comparing with the perspectives revealed in the previous survey (change rate of -16.7%).
Among the investment objectives, from 2012 to 2013, the results point to an increase in the relative weight of the replacement investment. The investment on the extension of the production capacity maintained the same relative weight between the two years.
Regarding the main limitative factors for business investment identified in the survey, the deterioration of the sales perspectives followed by the uncertainty on the yield of the investments continued to be the most mentioned in both years, although increasing between 2012 and 2013 in the first case, compensated by a decrease of the percentage of firms that refer the production capacity as the main limitative factor.