BOFIT Viikkokatsaus / BOFIT Weekly Review 2016/35
In core branches, the developments largely resemble those of previous years. Growth in fixed investment in oil & gas production remained strong for the third year in a row. However, in other parts of the energy sector, i.e. oil & gas pipeline transmission and electrical power generation and distribution, last year’s large drop in investment persisted quite strong. The slide in oil refining investment that began last year became considerably steeper. In other manufacturing, the drop in investment of last year stabilised; the investment remained roughly at the same level as last year.