The economy has grown strongly over the past few quarters and business confidence has risen. On closer examination, however, business investment has fallen to historically low levels, partly because of the past slump in commodity prices. Although energy prices have edged higher this year, they would have to rise much further to significantly improve investment prospects.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services