Gross fixed investment in Mexico declined 3.5 percent year-on-year in November 2019, following an upwardly revised 8.7 percent fall in the previous month. It was the tenth consecutive monthly decrease in private investment and the smallest since March. Investment in construction dropped 2.5 percent, less than an 8.1 percent decline in October, driven by non-residential (-8.6 percent vs -9.7 percent) and residential (4.5 percent vs -6.4 percent). Additionally, investment in machinery and equipment went down 4.9 percent, after falling 9.3 percent in the prior month, of which national (2.1 percent vs -5.7 percent) and external demand (-9 percent vs -11.6 percent). On a seasonally adjusted monthly basis, fixed investment rose 1.1 percent, rebounding from a 1.5 percent decline in the prior month.
Private Investment in Mexico averaged 2.78 percent from 1994 until 2019, 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. source: Instituto Nacional de Estadística y Geografía (INEGI)
Private Investment in Mexico is expected to be 2.00 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 2.30 in 12 months time. In the long-term, the Mexico Gross Fixed Investment is projected to trend around 2.30 percent in 2021 and 3.10 percent in 2022, according to our econometric models.