MEXICO CITY - In July of this year, Gross Fixed Investment in Mexico, which represents expenditures made on machinery and equipment of domestic and imported origin, as well as construction, fell 0.4 percent compared to the same month in 2012, its third annual rate decline.
The National Institute of Statistics and Geography (INEGI) informed that this result was due to the reduction of 6.6 percent in construction expenses, which totaled eight months of annual rate declines, and to the increase of 11.5 percent in total machinery and equipment, its fourth annual increase.
In a press release, the agency pointed out that with seasonally adjusted figures, Gross Fixed Investment increased 0.54 percent in July compared to the previous month, after two months of decline.
By components, total machinery and equipment spending advanced 1.55 percent, its second monthly increase, and construction spending 0.41 percent in July 2013 compared to June, when it fell, according to seasonally adjusted data.
According to statistical data, the 0.4 percent annual contraction registered by Gross Fixed Investment in July moderated with respect to the 3.1 percent drop in June, and was also lower than the 2.1 percent drop expected by the market in said month.
INEGI specified that, by components, construction expenditures registered a 6.6 percent annual reduction last July, as a result of a lower generation of residential construction works of 7.6 percent, and of non-residential construction of 5.8 percent.
Gross fixed investment in machinery and equipment increased 11.5 percent in July 2013 compared to the same month of the previous year.
He indicated that expenditures on machinery and equipment of imported origin grew 13.5 percent at annual rate in July, as a consequence of the increases shown in purchases of transportation equipment such as vehicles and material for railroads; ships and floating devices; aircraft and their parts, mainly.
Expenditures on machinery and equipment of national origin increased 7.4 percent in July at an annual rate, due to higher purchases of transportation equipment such as automobiles and vans; trucks and tractor-trailers; ships; and aerospace equipment; as well as industrial and commercial refrigeration machinery and equipment, among others.
He reported that from January to July 2013, Gross Fixed Investment reported a 0.2 percent decrease during the first seven months of this year compared to the same period in 2012.
By components, in the same period, construction investment expenditures were lower by 4.4 percent (residential investment decreased 4.7 percent and non-residential investment decreased 4.1 percent), while total machinery and equipment investment increased 7.7 percent (imported investment increased 8.9 percent and domestic investment increased 5.0 percent), he noted.

Source: http://www.manufactura.mx/industria/2013/10/08/bajan-en-julio-las-inversiones-en-maquinaria