Back

LatinNews Daily - 05 February 2024

In brief: GFCF in Mexico up year-on-year

*Mexico’s national statistics institute (Inegi) has released new figures which show that in November 2023, gross fixed capital formation (GFCF) was up by 20.1% year-on-year but decreased by 1.3% in monthly terms on seasonally adjusted figures. The monthly decrease was driven by a 2.8% decrease in investment in construction, while investment in machinery and equipment was up 0.4%. The yearly rise was made up of an increase of 21.4% in investment in the construction sector and a rise of 18.8% in investment in machinery and equipment. This compares to a monthly increase of 1.9% and yearly rise of 24.7% in GFCF in October 2023.

End of preview - This article contains approximately 112 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.