In the fourth quarter of 2012, the business investment rate was 19.7% in the euro area , compared with 20.0% in the third quarter of 2012. This fall was the result of investment decreasing (-1.7%) at a higher pace than gross value added (-0.4%). Total stocks (materials, supplies and finished goods) fell for the fifth quarter in a row. In the EU274 the investment rate was 19.6% in the fourth quarter compared with 19.7% in the previous quarter. These data come from a detailed set of seasonally adjusted quarterly European sector accounts released by Eurostat, the statistical office of the European Union, and the European Central Bank (ECB).
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