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The finance sector profited in several ways from this change.
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With more offerings in the light-truck sector, profit margins seem sure to decline.
In turn, this will be bad news for service sector profits.
The forecast also depends on tech sector profits expanding by around 10 percent this year.
In the health care sector, profit increased to 342 million euros.
For instance, in the second quarter, energy sector profits are expected to be down 82percentt.
He is, unsurprisingly, pro-privatisation: "The private sector profit take is not taking out a large wedge of money.
Their policy aim is to reduce the role of the state in the economy and boost private sector profits.
That is a sharp retreat from the Wall Street consensus in early October, when analysts forecast tech sector profits to rise 8percentt in the fourth quarter.
Higher education, a shared resource, which ought to be available to all who seek it, has become yet another social responsibility outsourced towards private sector profit.
According to Matt Nesto, analysts anticipate that technology sector profits "will fall by 9.5% in the second quarter".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com