New data Gross Fixed Investment YoY (May)

8/2/2024

actual 6, previous 18.1

The event is the Gross Fixed Investment Year-over-Year (YoY) for Mexico, with the data referring to the month of May. The actual value reported is 6%, which is a decrease of 12.1% compared to the previous period. The impact of this event is considered low. The previous value was 18.1%, while the market consensus estimate was 8.4%. This indicates that the actual value fell short of expectations, showing a decrease of 66.851% from the estimated value. The Gross Fixed Investment YoY is an important indicator of the health of an economy, as it measures the change in total business investments in fixed assets year over year.

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