Increases in capital expenditure on new assets between the first and second quarters of 2023 were recorded for construction works (+55,7%), ‘other’ assets (+40,2%), computer software (+21,0%) and plant, machinery and equipment (+5,4%). Decreases were recorded for vehicles and other transport equipment (-54,5%), computer and IT equipment (-21,6%) and buildings and improvements (-1,9%).

Total capital expenditure on new assets increased by 29,1% between the second quarter of 2022 and the second quarter of 2023. The largest percentage increase in capital expenditure was reflected in ‘other’ assets (+362,5%), followed by computer and IT equipment (+110,8%), computer software (+76,4%), construction works (+72,5%), plant, machinery and equipment (+16,9%) and buildings and improvements (+16,4%). A decrease was recorded for vehicles and other transport equipment (-9,4%).

The largest contributor to total capital expenditure on new assets in the quarter ended June 2023 was plant, machinery and equipment (contributing 66,0%), followed by ‘other’ assets (9,3%), buildings and improvements (7,3%), construction works (5,8%), vehicles and other transport equipment (5,7%), computer software (3,0%) and computer and IT equipment (2,9%).

The largest contributor to total capital expenditure on new assets in the quarter ended March 2023 was plant, machinery and equipment (contributing 63,2%), followed by vehicles and other transport equipment (12,7%), buildings and improvements (7,5%), ‘other’ assets (6,7%), construction works (3,7%), computer and IT equipment (3,7%) and computer software (2,5%).