Investment in Mexico picks up again in June, after falling in May

Within the indicator, expenses incurred in construction and machinery and equipment grew 0.4 and 1.3%, at a monthly rate, during June.

And, at an annual rate, these items show growth of 2.9% and 14.2%, respectively.

The growth of investment in Mexico comes after, in May, the indicator presented a monthly drop of 1.2%, after two months of growth.

In June, the gross fixed investment index remained at 99.2 points, one point higher than in February 2020, before the covid-19 pandemic. However, it is still far from the maximum of July 2018, when the investment reached 111.8 points.

Within the indicator, it was observed that residential construction had a monthly decrease of 1.3%, which implies an annual drop of 3.8%. While investment in non-residential construction grew 1.2% at the monthly rate and 3.8% at the annual rate.