Mexico - Pelaburan Swasta

Gross fixed investment in Mexico fell 6.8 percent year-on-year in September of 2019, following a upwardly revised 5.0 percent decline in the previous month. It was the eighth consecutive monthly decrease in private investment. Investment in construction fell (-7.3 percent vs -0.8 percent in August), dragged down by both residential (-3.5 percent vs 3.3 percent) and non-residential (-10.7 percent vs -4.3 percent). Meanwhile, investment in machinery and equipment dropped at a softer pace (-6.1 percent vs -9.8 percent), of which national (-0.6 percent vs -6.6 percent) and external demand (-9.9 percent vs -11.9 percent). On a seasonally adjusted monthly basis, fixed investment decreased 1.3 percent, after increasing a revised 1.4 percent in the prior month.

Gross fixed investment in Mexico fell 4.3 percent year-on-year in August 2019, following a 7.6 percent decline in the prior month but less than an expected 5.5 percent slump. It was the seventh consecutive monthly decrease in private investment. Investment in machinery & equipment slipped 9.5 percent, after a 9.6 percent tumble in July, on lower purchases from both external (-12 percent vs -14.2 percent) and domestic markets (-5.5 percent vs -1.6 percent). In contrast, investment in construction edged up 0.1 percent, following a 6.1 percent fall in the previous month, as a rebound in the residential segment (3.4 percent vs -6.9 percent) partly offset a decline in the non-residential one (-2.9 percent vs -5.4 percent). On a seasonally adjusted monthly basis, fixed investment rose 1.5 percent, recovering from a downwardly revised 0.1 percent drop in the previous month. Considering the first eight months of 2019, private investment shrank 4.6 percent over a year ago.

Gross fixed investment in Mexico fell 7.6 percent year-on-year in July 2019, following a downwardly revised 8.7 percent decline in the previous month. It was the sixth consecutive monthly decrease in private investment. Investment in machinery and equipment dropped 9.5 percent, after declining 14 percent in June, of which external demand (-14 percent from -20.3 percent) and national (-1.7 percent from -4.9 percent). Meantime, investment in construction activity went down 6.1 percent, faster than a 5.9 percent fall, driven by both residential (-6.8 percent from -5.9 percent) and non-residential (-5.4 percent from -3.3 percent). On a seasonally adjusted monthly basis, fixed investment decreased 0.7 percent, after a 0.8 percent fall in the prior month.

Gross fixed investment in Mexico dropped 8.8 percent year-on-year in June 2019, following a downwardly revised 7.3 percent fall in the previous month and compared with market forecasts of an 8.8 percent decline. It was the fifth consecutive monthly decrease in private investment and the sharpest since April 2017. Investment in machinery and equipment went down 14 percent, after dropping 5.7 percent in May, mainly due to external demand (-20.3 percent vs -5.2 percent) and national (-4.9 percent vs -6.4 percent). Also, investment in construction activity fell 4.6 percent, following an 8.6 percent decrease, of which residential (-6.1 percent vs -8.8 percent) and non-residential (-3.1 percent vs -8.5 percent). On a seasonally adjusted monthly basis, fixed investment declined 0.8 percent, after a downwardly revised 2.5 percent fall in May.

Gross fixed investment in Mexico slumped 7.4 percent year-on-year in May of 2019, following an upwardly revised 5.8 percent fall in the previous month and compared with market expectations of a 6.5 percent drop. It was the fourth straight monthly decline in private investment and the steepest since April of 2017. Investment in construction activity declined 9.1 percent, more than a 4.5 percent decrease April, as both residential (-8.4 percent from -3.8 percent) and non-residential investment (-9.7 percent from -5.2 percent) shrank further. Also, investment in machinery and equipment continued to fall (-5.4 percent from -7.5 percent), due to national (-5.7 percent from 0.3 percent) and external demand (-5.2 percent from -11.8 percent). On a seasonally adjusted monthly basis, fixed investment dropped 2.7 percent, down from a downwardly revised 1.2 percent rise in April.

Gross fixed investment in Mexico fell 5.7 percent year-on-year in April 2019, following a 2.4 percent decline in the previous month and compared with market consensus of a 6.5 percent decrease. Investment in machinery and equipment dropped 7.4 percent (vs -3.2 percent in March) due to external demand (-11.8 percent from -1.4 percent); and investment in construction activity shrank (-4.4 percent from -1.8 percent), as both non-residential (-5.1 percent from -3.3 percent) and residential segment (-3.8 percent from -0.3 percent) decreased further. On a seasonally adjusted monthly basis, fixed investment rose 2.5 percent, rebounding from a 3 percent fall in April.