business investment rate

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Monday’s euro zone graphs: business investment and profit share slightly down

Bad news for those in Brussels and Berlin who expected higher competitiveness through austerity budgets. Eurostat said today that in the fourth quarter of 2011, compared with the previous three months, business investment rates decreased in both the euro area and the European Union. Furthermore, official data also showed that in the euro area, the business profit share declined as wage costs increased while value added fell slightly. From October…