In May 2022, investment in Mexico fell 1.2% monthly. Even so, it maintains a growth of 5.5% compared to the levels of May 2021, according to data from the National Institute of Statistics and Geography (Inegi).
Within the monthly indicator of gross fixed investment, the construction component fell 2.7% at the monthly rate and the total machinery and equipment fell 1%.
At an annual rate, the investment made in construction had a decrease of 1.2% when compared to May 2021. The most pronounced drop was observed in the residential construction sector, of -5.1%.
The investment made in machinery and equipment, during May, presented an annual variation of 13.4%.
In March and April, gross fixed investment in Mexico had grown at monthly rates of 3.2 and 1.9%, respectively, according to figures reviewed by Inegi. Y April, in fact, had shown the best investment performance since the start of the pandemic .
In May, however, the index stood at 98.4 points, far from the last maximum investment level of 111.8 points, reached in July 2018.