Business investment increased by £0.6bn (seasonally adjusted) to £30.5bn in the first quarter 2012 when compared with the previous quarter and by £3.9bn when compared with Q1 2011.
Total manufacturing investment changed little on the quarter at £3.5bn and by £0.7bn compared with Q1 2011. Non-manufacturing investment increased by £0.6bn to £27bn when compared with the previous quarter and by £3.3bn on the previous year.
Business investment has been more or less flat for the last six quarters in line with GDP. Total business investment increased by 1.9% in Q1 2012 after contracting slightly in Q4 2011.
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