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LatinNews Daily - 08 November 2022
In brief: Gross fixed investment in Mexico rises
*Mexico’s national statistics institute (Inegi) has released new figures which show that gross fixed capital formation (GFCF) increased by 4.6% in August 2022 as compared to the same month of 2021. Investment in machinery and equipment was up 18.2% in year-on-year terms while investment in construction dropped 5.8%. In monthly terms, GFCF was up 1.9%, with investment in machinery and equipment up 2.6% and construction up 0.3% in monthly terms.
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