Gross fixed investment in Mexico jumped 17.4% year-on-year in May 2023, the largest increase since May 2021, after an upwardly revised 6.2% rise in April and better than market estimates of a 7.6% surge. Regarding the components of fixed investment, construction advanced by 13.2%, after a 0.3 % increase in April, primarily driven by a strong rise in non-residential building (25% vs 10.2% in April) and a rebound in residential building (1.7% vs -10%). Moreover, growth in machinery and equipment investment picked up (22% vs 13.3%), due to substantial rises in both domestic (20.2% vs 13.8%) and imported acquisitions (23.1% vs 13.1%). On a seasonally adjusted monthly basis, fixed investment rose by 4.5% in May, the most since August 2020, after a revised 0.3% increase in April and compared with market forecasts of a flat reading. source: Instituto Nacional de Estadística y Geografía (INEGI)
Private Investment in Mexico averaged 2.56 percent from 1994 until 2023, reaching an all time high of 45.00 percent in May of 2021 and a record low of -41.90 percent in June of 1995. This page provides - Mexico Private Investment- actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Gross Fixed Investment - data, historical chart, forecasts and calendar of releases - was last updated on August of 2023.
Private Investment in Mexico is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Gross Fixed Investment is projected to trend around 3.00 percent in 2024 and 5.00 percent in 2025, according to our econometric models.