Business Investment, Quarter 4 (Oct to Dec) 2014 Revised Results

31 Mar 2015 01:08 PM

Main points

• The estimates in this release are short-term indicators of investment in assets, such as dwellings, transport equipment, machinery, buildings and intangible assets. This release covers not only business investment, but asset breakdowns of total gross fixed capital formation (GFCF), of which business investment is a component
• All investment data referred to in this bulletin are estimates of seasonally adjusted chained volume measures. The earliest period being revised in this release is Quarter 1 (Jan to Mar) 2014
• In Quarter 4 (Oct to Dec) 2014, GFCF was estimated to have decreased to £73.6 billion compared with Quarter 3 (July to Sept) 2014. This is a decrease of £0.5 billion (0.6%), the first decrease for GFCF since Quarter 3 (July to Sept) 2012. Business investment decreased to £45.0 billion compared with the previous quarter, an estimated fall of £0.4 billion (0.9%)
• In Quarter 4 (Oct to Dec) 2014 GFCF was estimated to have increased by 5.1% compared with Quarter 4 (Oct to Dec) 2013 whilst business investment increased by an estimated 3.7% compared with Quarter 4 (Oct to Dec) 2013. This was the 19th consecutive quarter of growth compared with the same quarter of the previous year
• In 2014, GFCF increased by an estimated 7.8% since 2013, to £292.8 billion. Business investment increased by an estimated 7.5% since 2013, to an estimated £179.7 billion, the highest level in the published time series
• In 2014, ICT equipment and other machinery and equipment was at its highest annual level in the published time series (£67.7 billion), 14.8% higher than in 2013

Get all the tables for this publication in the data section of this publication.