LatinNews Daily - 7 August 2023

In brief: Gross fixed investment increases in Mexico

* Mexico’s national statistics institute (Inegi) has released new figures which showed that gross fixed capital formation (GFCF) in May increased by 4.5% in real terms as compared to the previous month. According to Inegi, investment in construction was up 7.6% and machinery & equipment increased by 1.2%. In yearly terms, GFCF increased by 15.1% in real terms, with investment in machinery & equipment up 17.7% and construction up 12.9%.

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