CAPEX DIS­AP­POINTS

Finweek English Edition - - ECONOMICTRENDS -

Cap­i­tal ex­pen­di­ture, or real gross fixed cap­i­tal for­ma­tion, in­creased at a dis­mal rate of 0,9% over the third quar­ter from 1,3% in the sec­ond quar­ter. Real capex by pri­vate busi­ness and pub­lic cor­po­ra­tions rose marginally in both the sec­ond and third quar­ters, while the de­cline in capex by gen­eral govern­ment con­tin­ued. Capex was 5,1% lower in the first nine months of 2010 com­pared with 2009. Real gross fixed cap­i­tal for­ma­tion by sec­tor

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