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Private Investment MoM tracks the monthly percentage change in new capital expenditures made by the private sector in fixed assets. This includes spending on machinery, equipment, and technology, serving as a vital signal of business confidence and future economic growth. It is a primary driver for increasing productivity and expanding the overall productive capacity of the economy.
Derived from monthly surveys of private enterprises regarding their capital spending and acquisitions of fixed assets. The figure is compared to the previous month to determine the growth rate.