Growth rate investments lower again in November

Investment data have not been adjusted for calendar effects. November 2016 has one working day more than November 2015. According to the CBS Investment Radar, the investment climate in the Netherlands is more favourable in January than in November.

More investments in residential property, less in passenger cars

Continuing the trend in the preceding months, investments in residential property were up year-on-year. Investments in trucks and trailers grew as well.

Investments in passenger cars, on the other hand, declined noticeably following significant growth one year previously. As additional tax rates and the tax on new passenger cars and motorcycles (BPM) were raised on 1 January 2016, many companies decided to buy new cars prior to 1 January. The figures presented do not provide unambiguous information on the extent to which changing tax laws gave rise to the increase in car sales in November 2015. Investments in aircraft also declined in November 2016.

Investment climate more favourable in January

According to the CBS Investment Radar, the investment climate in the Netherlands is more favourable in January than in November. This is mainly because the development of Dutch share prices is more favourable on an annual basis. The mood among Dutch manufacturers about their order positions improved as well.

The investment climate is affected by various factors including the situation on the global and financial markets.

The numbers in this publication are provisional and can be adjusted.