Rate of change in business investment revised upwards for 2005
- 1st Semi-annual 2005
29 July 2005
The results of the April 2005 Investment Survey point to a strengthening of investment intentions in 2005, vis-à-vis previous estimates presented inthe second half of the previous year. New estimations point to a nominal growth of 7.8% in Gross Fixed Capital Formation (GFCF) of enterprises for 2005, compared with 6.2% in the October 2004 survey.
As regards investment in 2004, the rate of change was also revised upwards, moving from a 0.6% fall in the October survey to -0.1% in the present survey (April 2005).