Mexico’s gross fixed investment contracted further in November 2025, underscoring mounting pressures on the country’s capital spending momentum. Year-over-year, investment fell by 6.40%, compared with a 5.50% decline recorded in October 2025, according to data updated on 5 February 2026.
The sharper annual drop suggests a continued pullback in spending on machinery, equipment, and construction relative to the same period a year earlier. With two consecutive months of deepening year-on-year declines, the figures point to a weakening investment environment that could weigh on Mexico’s medium-term growth prospects if the trend persists. Investors and policymakers will be watching upcoming releases closely for signs of stabilization or further deterioration in fixed capital formation.
