LatinNews Daily - 07 April 2022

In brief: Gross fixed investment rising in Mexico

*Mexico’s national statistics institute (Inegi) has released new figures which show that gross fixed capital formation (GFCF) increased by 8.4% in January 2022, compared to the same month of the previous year. In monthly terms, GFCF was up 2.2%. Investment in construction rose 9.6% in year-on-year terms, with investment in machinery and equipment up 5.9% on January 2021. In monthly terms, investment in construction was up 4.8%, whereas investment in machinery and equipment fell 1.1%.

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