Rate of change in business investment for 2004 revised downwards
- 2nd Semi-annual 2004
31 January 2005
The results of the October 2004 Investment Survey reveal a deterioration in investment intentions for 2004 from forecasts in the first half of the same year. Estimates point to a 0.6% fall in Gross Fixed Capital Formation of enterprises in 2004, which represents a negative revision from the results of the survey in April/July 2004 (5.6%).
As regards investment forecast for 2005 the first estimate now obtained suggests an increase in investment of approximately 6.2% from the value calculated for 2004.