LatinNews Daily - 7 May 2025

*Mexico’s national statistics institute (Inegi) has announced that gross fixed capital formation (GFCF) in February 2025 was down by 6.0% in annual terms. In monthly terms, GFCF increased by 0.1%. This follows an annual decrease of 6.2% and monthly drop of 1.6% in January, on the latest figures, and represents the sixth consecutive month of annual decreases. The annual decline in February was the result of a 4.9% decrease in investment in construction and 6.3% drop in investment in machinery and equipment. The monthly result was driven by a 1.1% decline in investment in machinery and equipment, offset by a 1.7% rise in investment in construction.

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