Weekly Report - 14 March 2006

Last year's figures have confounded those who sought to establish a direct link between investment performance and growth expectations. Despite the 11.7% increase in gross fixed investment, economic growth actually slowed down, from 4.4% in 2004 to 3% in 2005.

MEXICO | Auto exports start year with upswing. Exports of motor vehicles in the first two months of the year totalled 233,166 units, or 54.4% more than in the same period of 2005. In the same period, sales on the domestic market (of both imported and locally made vehicles) totalled 185,306 units, a mere 1.4% higher than in January-February 2005. Auto production in the first two months, at 322,121 units, was up 47.4% on 2005.

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