Mexico Fixed Investment Falls for 4th Month
2025-03-05 12:15
By
Agna Gabriel
1 min. read
Gross fixed investment in Mexico fell by 4% year-on-year in December 2024, worse than the market's expected 2.5% decline, marking the fourth consecutive monthly drop.
Construction investment saw a sharper decline of 9.4% in December, compared to November’s 6% fall, driven mainly by a continued slump in the non-residential sector (-16.4% vs -14.7%) and a slower increase in the residential segment (3.2% vs 7.1%).
Meanwhile, spending on machinery and equipment rose by 2.5%, though slower than the 5.8% increase in November.
On a seasonally adjusted monthly basis, gross fixed investment dropped by 2.6% in December, after a modest increase of 0.1% in November, surpassing the expected 1.8% decrease.
For the year, gross fixed investment in Mexico grew by 3.4% from January to December 2024, compared to the previous year.