11.2.87
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9.
Private consumption expenditure firmed up in the
latter part of 1986, resulting in a growth rate of 7% for
the year as a whole. Capital investment also showed a
marked improvement, growing by 7% in 1986 (3), after a
decline of 2% in 1985. Expenditure on plant and machinery
recorded an increase of about 8%. There was a
particularly welcome increase in such expenditure by
manufacturers, reflecting greater activity in the
manufacturing sector, and confidence that this activity
will continue.
(3)
1010
Building and construction
0.1
Plant and machinery
7.7
Real estate developers' margin
11.6
Transfer costs of land and
buildings
29.7
Gross domestic fixed
capital formation
6.7
Retained imports of plant and machinery for use by manufacturers increased by about 26% in 1986.
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