Business investment fell by 10.2% during the second quarter of 2009 and was 21.8% lower than the same time last year. The figure is £29,278 million, down from £32,598 million in Q1 2009. Manufacturing investment fell by 16.2% according to revised figures and by 21.4% on last year with a figure of £2,853 million.
Estimates of GDP from July have been revised. GDP growth from Q2 2009 has been revised up to show a fall of 0.7% (from 0.6%) The revised volume of output shows a fall of 0.6% rather than 0.7% as first estimated. Manufacturing ouput was also revised up to 0.2% from 0.3% as published last month.
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