Investment turnaround may lead growth in 2022

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Official data show last year was the first time that total fixed investment spending showed modest real growth after declining for six straight years

Robust growth in private investment spending could lift the economy this year, helping to counter the impact of a slowing household sector and a bleak global backdrop, economists say.

This comes after several years in which consumer spending has driven what growth there has been in the economy, while investment has declined...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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