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Economy & Business - January 2023
ECONOMIC HIGHLIGHTS
MEXICO | Gross fixed capital formation increases. On 10 January, Mexico’s national statistics institute (Inegi) released figures showing that gross fixed capital formation (GFCF) in October 2022 was up by 1.4% compared with the previous month. Investment in construction increased by 2% in monthly terms while investment in machinery & equipment was up 0.8%. In year-on-year terms, GFCF was up 6.5%.
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