Categories: Economy

Investments fall by 2 percent Related articles

Investment in the Netherlands contracted by 2% in April. This was reported by Statistics Netherlands. According to CBS chief economist Peter Hein van Mulligen, there has been less investment particularly in housing. ‘In the first quarter of this year, investment was one of the parts of the economy that was still generating growth. However, the economy has contracted.

Investment in the Netherlands contracted by 2% in April. this is reported by Statistics Netherlands. According to CBS chief economist Peter Hein van Mulligen, there has been less investment particularly in housing. (ANP / Peter Hilz)

This trend has not continued. Whether there will be a breakup, however, remains to be seen, thinks Van Mulligen. Because not only can investments be irregular, the figure found can also be the result of, for example, the number of working days. “There’s no fix for that. If there’s a working day more or less, it can have an effect.”

Sustainability

Less has been invested in new homes, but more has been invested in making homes more sustainable. ‘Even in the first quarter (…) think of solar panels, insulation and heat pumps.’ A plus that meant that the investment figure was not even lower: investments in cars by companies.

While Van Mulligen can’t comment on the long term, he sees less favorable circumstances. “It’s not a law of the Medes and Persians that you will see a contraction the next month as well, but there is often a connection nonetheless.”

Author: Mark VanHarreveld
Source: BNR

Share
Published by
Andrew

Recent Posts

Miss Switzerland candidate accuses Trump of sexual assault

A former Miss Switzerland candidate is accusing Donald Trump of “bumping” her at a meeting…

6 months ago

10 fun facts about Italian classics – or did they come from China?

Friday is pasta day—at least today. Because October 17th is World Pasta Day. It was…

6 months ago

Lonely Planet recommends Valais for travelers

The Lonely Planet guide recommends Valais as a tourist destination next year. The mountain canton…

6 months ago

Lonely Planet recommends Valais for travelers

The Lonely Planet guide recommends Valais as a tourist destination next year. The mountain canton…

6 months ago

Kamala Harris enters media ‘enemy territory’ – that’s what she did at Fox

Kamala Harris gave an interview to the American television channel Fox News, which was not…

6 months ago

One Direction singer Liam Payne (31) died in Buenos Aires

The British musician attended the concert of his former bandmate in Buenos Aires. The trip…

6 months ago