Gross fixed investment in Mexico slipped 8.6 percent from a year earlier in February of 2020, little-changed from a downwardly revised 8.7 percent decline in the previous month but more than an expected 7 percent fall. This was the thirteenth consecutive decrease in private investment, as spending on machinery & investment continued to fall at a marked pace (-9.5 percent vs -11.2 percent in January), amid reduced purchases from both the external (-12.5 percent vs -13 percent) and domestic markets (-4.7 percent vs -7.9 percent). Also, investment in construction decreased further (-8.1 percent vs -7 percent), led by both the residential segment (-7.6 percent vs -8.8 percent) and the non-residential one (-8.7 percent vs -5.3 percent). On a seasonally adjusted monthly basis, private investment went down 1.7 percent, after a downwardly revised 1.5 percent rise in the previous month and compared with market consensus of a 7.7 percent tumble.
Private Investment in Mexico averaged 2.63 percent from 1994 until 2020, reaching an all time high of 33.10 percent in July of 1996 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 May of 2020. source: Instituto Nacional de Estadística y Geografía (INEGI)
Private Investment in Mexico is expected to be -18.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Private Investment in Mexico to stand at -2.50 in 12 months time. In the long-term, the Mexico Gross Fixed Investment is projected to trend around 0.50 percent in 2021 and 1.50 percent in 2022, according to our econometric models.