Latam Daily

Latest edition · October 5, 2026

latamdaily20261005

In July, Mexico's gross fixed investment grew 6.6% y/y, logging its fourth straight month of expansion driven by machinery imports and construction. Conversely, private consumption softened to 1.1% y/y as demand for imported goods stalled at 0.1% y/y.

According to INEGI data analyzed by Scotiabank, Mexico's gross fixed investment grew 6.6% y/y in July, marking four consecutive months of expansion, backed by an 11.5% jump in imported machinery and equipment as well as a 10.6% gain in residential construction. Concurrently, private consumption slowed to 1.1% y/y from 2.1% previously, heavily curtailed by imported goods consumption slowing to just 0.1% y/y. For January to July, gross fixed investment expanded by 1.7% y/y while private consumption rose 2.0% y/y.

Key takeaways from the latest edition

• 1.Gross fixed investment in Mexico rose 6.6% y/y in July, expanding for the fourth consecutive month, propelled by imported machinery and residential construction.
• 2.Private consumption decelerated to 1.1% y/y in July as imported goods consumption slowed sharply from 6.6% previously to a marginal 0.1%.
• 3.Year-to-date (January–July), gross fixed investment is up 1.7% y/y while private consumption expanded 2.0% y/y.

What this series covers

• Mexican Investment and Consumption Recap
• MEXICO: FIXED INVESTMENT MAINTAINS POSITIVE MOMENTUM IN JULY
• PRIVATE CONSUMPTION MODERATES AS IMPORTED GOODS LOSE MOMENTUM

Edition archive

• latamdaily20261005

  October 5, 2026

• latamdaily20260928

  September 28, 2026

• latamdaily20260924

  September 24, 2026

• latamdaily20260922

  September 22, 2026

• latamdaily20260916

  September 16, 2026

• latamdaily20260901

  September 1, 2026