Decreases In Distribution And Production Investment

Business investment statistics are estimated to show a decrease of 5.5% compared with the previous quarter and 6.8% with this time last year according to the Office for National Statistics. The decreases were estimated to have been in distributions services and production. Capital expenditure was also reduced in the real estate and renting, communications and hotels anf restaurants categories. The business investment figure for the first quarter of 2009 is estimated to have been £33,042 million. It was £34,952 in Q4 2008 and it has fallen from £35,771 in Q2 2008. Services account for £24,605 a fall for the 5th successive quarter from £27,149 in Q4 2007.