Gross fixed investment in Mexico fell 21.2 percent over a year earlier in July of 2020, following a 24.1 percent slump in the previous month and compared with market expectations of a 21.8 percent decline. It was the eighteenth consecutive decrease in private investment amid the coronavirus fallout but the softest since March. Investment in construction fell 23.7 percent, following a 26 percent tumble in June, amid softer declines in both residential (-21.7 percent vs -23.9 percent) and non-residential (-25.8 percent vs -28 percent). Also, investment in machinery fell 18 percent, after slipping 21.5 percent, of which national (-23.1 percent vs -36 percent). On a seasonally adjusted monthly basis, private investment rose 4.4 percent, slowing markedly from a 20.1 percent jump in the prior month and missing market expectations of a 19.2 percent rise.
Private Investment in Mexico averaged 2.16 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 October of 2020. source: Instituto Nacional de Estadística y Geografía (INEGI)
Private Investment in Mexico is expected to be -5.00 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 -1.50 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.