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LatinNews Daily - 05 May 2023

In brief: Increase in gross fixed investment in Mexico

* Mexico’s national statistics institute (Inegi) has released new figures which show that gross fixed capital formation (GFCF) in February increased by 1.9% in real terms as compared to the previous month, with investment in machinery & equipment up 2.9% and investment in construction up 0.6%. In seasonally adjusted terms, GFCF was up 2.9% in monthly terms. Year-on-year, investment increased by 12.4% in real terms, with investment in machinery & equipment up 16.5%, and investment in construction up 9%.

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