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LatinNews Daily - 09 August 2021

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In brief: Investment in Mexico registers increase in May

* Mexico’s national statistics institute (Inegi) has released new figures which show that gross fixed capital formation (GFCF) in construction and machinery in May this year was 47.2% higher, in real terms, than during the same month last year. This May’s figures also represent a 0.7% increase compared with April 2021, in seasonally adjusted terms. According to Inegi, investment in machinery & equipment rose 57.6% compared with May 2020, while investment in construction surged 38.9%. In monthly terms, however, investment in machinery & equipment fell by 1.3%, a decline compensated for by a 2.1% increase in investment in construction.