Mexico’s gross fixed investment falls 39.7% in May | Economy America Edition

Gross fixed investment in Mexico fell 39.7% in May 2020 compared to the same period last year, dragged by the coronavirus crisis and reaching a level never seen since 1997, according to data from the National Statistics Institute and Geography (Inegi).

Inegi announced on Thursday that this result was obtained due to the 46.7% drop in the item of machinery and equipment and a 33.7% reduction in construction year on year.

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