Public Spending in Mexico Ends Prolonged Fall in Fixed Investment

Mexico’s key investment measure rebounded in April, driven mainly by government spending, while private investment continued to lag. The data provides limited support for President Claudia Sheinbaum’s goal of stronger growth, keeping momentum concerns on the table for near-term confidence.

Analysis

Mexico’s key investment measure rebounded in April, driven mainly by government spending, while private investment continued to lag. The data provides limited support for President Claudia Sheinbaum’s goal of stronger growth, keeping momentum concerns on the table for near-term confidence.