Business profit share recovers back to 39.8% while business investment decreases to 23.2% in the euro area

https://ec.europa.eu/eurostat/documents/2995521/11398130/2-02102020-CP-EN.pdf/8fe36d1c-a1e9-4a66-a75e-c13fe52a40d8

In the second quarter of 2020, when Member States continued to implement the COVID-19 containment measures, the business profit share increased from 38.0% to 39.8% in the euro area, almost recovering its level prior to the beginning of the COVID-19 lockdown. This is explained by the sharp decrease (-16.3%) of compensation of employees (wages and social contributions) plus taxes less subsidies on production, at a faster rate than the decrease of business gross value added (-13.8%).

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