At an annual rate, gross fixed investment is 1.5% above the levels of February 2021, and expenses incurred in construction are 6.1% below.
Expenditures on machinery and equipment, however, are 13.2% above the levels of a year ago. With 118.8 points, the index for this item is already at its best level since January 2019, when it reached 119 points.
The 3% drop in investment represents the end of a four-month growth streak. In January, the indicator had its lowest performance in these four months, growing 2.2% monthly, encouraged by higher spending on construction.
