Today: January 14, 2025
November 9, 2022
1 min read

Investment grows during August, but there is still a lag in construction

Investment grows during August, but there is still a lag in construction

After the drop in August, of 1.5% at a monthly rate, investment in Mexico grew again during August,

At a monthly rate, machinery and equipment expenses increased 2.6% and construction expenses increased 0.3%.

With these results, investment grew 4.6% at an annual rate in real terms. While expenses on machinery rose 18.2%.

However, construction expenses maintain a decrease of 5.8%.

According to an analysis by the Monex group, construction spending remains at a level very far from its maximum observed in July 2008, 14 years ago, and is slightly above the levels of 2003.

In July 2008, the construction investment index was 110.3 points, while in August 2022 it reached a level of 94.8 points.



Source link

Latest Posts

They celebrated "Buenos Aires Coffee Day" with a tour of historic bars - Télam
Cum at clita latine. Tation nominavi quo id. An est possit adipiscing, error tation qualisque vel te.

Categories

They declare guilty a subject who murdered a woman in Chinandega with machetes
Previous Story

They declare guilty a subject who murdered a woman in Chinandega with machetes

OnCubaNews
Next Story

Cuba calls to avoid “climate catastrophe” at Climate Summit COP27

Latest from Blog

Go toTop