LatinNews Daily - 07 September 2021

In brief: Mexico’s investment dips in June

* Mexico’s national statistics institute (Inegi) has released figures showing that gross fixed capital formation (GFCF) in construction and machinery dipped 1.8% in June, compared with the previous month. This is due to a seasonally-adjusted 2.9% fall in investment in construction, and a 0.4% fall in machinery & equipment investment. In year-on-year terms, however, fixed investment grew 17.1% in June, driven by a 24.5% expansion in investment in machinery & equipment, and an 11.5% increase in construction investment. Overall, investment has grown 11.1% in the first half of 2021 compared with the same period last year, which was severely impacted by the coronavirus (Covid-19) pandemic.

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