Gross fixed investment—which refers to company spending on machinery, transportation and construction equipment—grew 0.7 percent in February compared to January 2024, recovering part of the dynamism that had been observed in previous months, reported this Friday the National Institute of Statistics and Geography (Inegi).
The Monthly Indicator of Gross Fixed Capital Formation (IMFBCF) observed a growth of 10.7 percent in the second month of 2024, compared to the same period last year.
The dynamism of the measurement in its monthly variation was driven by the acquisition of machinery and equipment, which grew 2.6 percent.
In particular, the purchase of imported machinery and transportation equipment grew 4.5 percent, while domestic purchases advanced 2.0 percent.
Construction showed a decline of 1.3 percent, due to a 5.6 percent drop in the residential segment.
The 10.7 percent advance of the measurement in its annual variation was explained by the boost in construction, which observed a growth of 22.6 percent.
The purchase of machinery and transportation equipment by companies advanced 6.7 percent, although the imported subcomponent stood out, which showed an increase of 11.8 percent.
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– 2024-05-13 04:38:58
