*Mexico’s national statistics institute (Inegi) has announced that gross fixed capital formation (GFCF) in December 2025 was up by 0.5% in monthly terms and down by 1.6% year-on-year, according to seasonally adjusted figures. This follows a monthly increase of 0.5% in November, and 1.0% in October on the latest figures. The annual decline in December was the result of a 7.9% drop in investment in machinery and equipment while investment in construction was up 4.1%. The monthly result was driven by a 0.3% decline in investment in machinery and equipment while investment in construction was up 0.9%.
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