Gross fixed investment grew 0.8% in September

Gross Fixed Investment, which represents the expenses made in Machinery and equipment of national and imported origin, as well as Construction, registered a real advance of 0.8% during September of this year compared to the previous month, when it fell 2.9%, with seasonally adjusted figures.

Instituto Nacional de Estadística y Geografía (INEGI) reported that by components, expenditures in Construction increased 0.9% and in Machinery and total equipment 0.8% in real terms in September 2018 compared to the previous month, according to seasonally adjusted data.

The agency noted that Gross Fixed Investment grew 0.2% in real terms in September this year over the same month in 2017, after the fall of 2.2% its annual comparison. Inside, expenditures on Machinery and total equipment increased 2.5%, while Construction decreased 1.0%, with seasonally adjusted series, added INEGI.

With original figures, the agency reported that Gross Fixed Investment decreased 0.9% in September 2018 compared to the same month last year, adding two months to the decline at annual rate.

From January to September 2018, Gross Fixed Investment advanced 1.6% over the same period last year, construction expenses grew 0.5%, and machinery and equipment increased 3.0% at annual rate.