FX.co ★ Mexico's Fixed Investment Falls in January

Mexico’s gross fixed investment declined 3.3% year-on-year in January 2026, following a flat reading in December and coming in weaker than market expectations of a 2.1% contraction. Spending on machinery and equipment fell 9.8% after a 4.6% drop in December, with domestic investment in this category down 12% and purchases of imported machinery and equipment decreasing 8.3%. By contrast, construction investment increased 3% after a 4.3% rise in the previous month: residential construction advanced 6.8%, while non-residential construction edged down 0.5%. On a seasonally adjusted month-on-month basis, gross fixed investment fell 1.1%, reversing a 0.5% increase recorded in December.