Investments over 6 percent up in August

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© Hollandse Hoogte
Statistics Netherlands (CBS) reports that, in August 2023, the volume of investments in tangible fixed assets was up by 6.3 percent year on year. This is mainly due to higher investments in transport equipment (passenger cars, lorries and aircraft), buildings and infrastructure.

Investment data have not been adjusted for calendar effects. August 2023 had the same number of working days as August 2022. According to the CBS Investment Radar, circumstances for investments in the Netherlands are less unfavourable in October than they were in August.

Investments in tangible fixed assets (volume)
YearMonthchange (year-on-year % change)
2019September8
2019October5
2019November4
2019December8.7
2020January 2.7
2020February4.3
2020March3.3
2020April-8.8
2020May-16.6
2020June-2.3
2020July-1.1
2020August-18
2020September-1.6
2020October-4.5
2020November-2.2
2020December0.5
2021January-4.1
2021February-6.9
2021March9
2021April10.2
2021May10.7
2021June9.3
2021July2.9
2021August-0.9
2021September-0.1
2021October-2.3
2021November1.8
2021December3.5
2022January-6.9
2022February4.1
2022March-4.6
2022April-0.8
2022May7.8
2022June3.1
2022July-0.7
2022August3.3
2022September3.7
2022October3.8
2022November3.3
2022December-2.1
2023January9
2023February5.3
2023March4.3
2023April-1.5
2023May6.3
2023June6.2
2023July3.5
2023August6.3

Investment climate less unfavourable in October

Every month, CBS publishes updates on the investment climate in the CBS Investment Radar. Relevant conditions for the investment climate include, for example, the situation on the sales and financial markets. Although radar indicators show a strong correlation with fixed investment, improved conditions do not necessarily translate into an increased growth rate or less investment decline.

According to the CBS Investment Radar, the investment climate in the Netherlands in October is less unfavourable than it was in August. This is mainly because the year-on-year contraction in goods exports turned into growth and the year-on-year growth in share prices was more substantial. However, manufacturers were less positive about their order positions.