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Business investment expected to increase by 3.7% in nominal terms in 2019
Investment survey
Business investment expected to increase by 3.7% in nominal terms in 2019 - 1st Semi-annual 2019
09 July 2019


According with the opinions expressed in the April 2019 Investment Survey (with an inquiring period between the 1st April 2019 and the 25th June 2019), the entrepreneurial investment is expected to present a nominal increase of 3.7% in 2019 (4.4% estimate in the October 2018 survey). This survey also points to an increase in investment of 4.7% in 2018, which represents an upward revision comparing with the perspectives revealed in the previous survey (change rate of 1.9%).
Among the investment objectives, between 2018 and 2019, the relative weights of streamline production investment and extension of the production capacity investment are expected to increase, while the relative importance of the investment for other purposes and the replacement investment is expected to decrease. The replacement investment will continue to stand as the most mentioned investment objective.
Regarding the main limitative factor for business investment identified in the survey, the deterioration of sales perspectives, followed by the uncertainty about investment profitability were the two most mentioned in both years. Between 2018 and 2019 the relative weight of the uncertainty about the investment profitability is expected to increase while the relative weight of the lack of self-funding capacity will decrease.

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