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Barbara Schirato
- 1 August 2024
- ECONOMIC BULLETIN - BOXEconomic Bulletin Issue 5, 2024Details
- Abstract
- This box considers the outlook for euro area business investment growth in 2024, as inferred from recent surveys. While suggesting a muted outlook for business investment growth this year, the surveys reveal considerable cross-country and cross-sectoral variation. Southern euro area countries and sectors with stronger demand appear more inclined to expand investment, whereas investment intentions in energy-intensive sectors have become weaker since the 2022-23 energy crisis. While investment priorities have changed somewhat in the face of recent shocks, scope remains for considerable expansion in business investment, not least related to the green and digital transitions.
- JEL Code
- E22 : Macroeconomics and Monetary Economics→Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy→Capital, Investment, Capacity
E66 : Macroeconomics and Monetary Economics→Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook→General Outlook and Conditions