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October 4, 2025
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Fixed investment rises 1.6% in July, its greatest rebound in more than a year

Fixed investment rises 1.6% in July, its greatest rebound in more than a year

The advance was mainly driven by the purchase of machinery and equipment, which increased 4.9% in that month. The rebound was largely due to imported assets, whose expense rose 5.9%, and in particular to transport team dynamism, which shot 23.5%.

On the contrary, construction retreated 1.3%, with more marked falls in the non -residential work (–1.9%), which reflects a persistent weakness in infrastructure and productive building projects.

Despite the monthly rebound, in the comparison with July 2024, the gross fixed investment showed an annual contraction of 7.2%, confirming that the indicator still fails to fully recover the lost terrain.

In annual terms, construction fell 7.5%, while machinery and equipment retreated 5.9%. Within this category, the national machinery and equipment had a strong decline of 11.4%, in contrast to the most moderate fall of imported goods (–1.5%).

The report also shows a marked difference between private and public investment. While the first backed 4.6%per year, public investment collapsed 22.7%, mainly due to a construction spending cut (–31.7%).



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