Investment in Mexico rebounds in October

Investment in Mexico rebounds in October

By component, and with seasonally adjusted data, in October 2022, expenses incurred in construction increased 2% at a monthly rate, and in total machinery and equipment, 0.8%.

The increase in investment in October means a recovery, after the 0.9% monthly drop suffered in September.

At an annual rate, in October 2022, Gross Fixed Investment grew 6.5% in real terms. Within it, expenses in machinery and total equipment rose 14.1% and in construction decreased 0.5%.

“At the moment, the gap is 7.30% compared to the 2018 average and 9.98% compared to the historical maximum, in July of that year,” Monex said.

Investment has grown 5.5% in the period from January to October, compared to the same period in 2021. Where all items have recovered, with the exception of residential construction, which decreased 5% at an annual rate, in said period.



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