Gross fixed investment in Mexico plunged 24.1 percent over a year earlier in June 2020, following an upwardly revised 39.9 percent slump in the previous month and compared with market expectations of a 24 percent decline. It was the seventeenth consecutive drop in private investment amid the coronavirus crisis. Investment in construction decreased 26 percent, following a 34.2 percent fall in May, due to both residential (-23.6 percent vs -37.5 percent) and non-residential (-28.3 percent vs -30.7 percent). Also, investment in machinery and equipment went down 21.4 percent, after tumbling 46.7 percent, of which national (-36.1 percent vs -56 percent) and imported (-9.3 percent vs -40.1 percent). On a seasonally adjusted monthly basis, private investment jumped 20.1 percent, rebounding from a 3.2 percent drop in the prior month.
Private Investment in Mexico averaged 2.23 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 September of 2020. source: Instituto Nacional de Estadística y Geografía (INEGI)
Private Investment in Mexico is expected to be -10.00 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.