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…

In Mexico, spending by companies on capital goods and infrastructure grew 4.6% at an annual rate in January, above analysts' forecasts, which could be stimulated in February and March due to the lower cost of imported machinery as a result of a strong exchange rate. Alejandro Cervantes, an analyst at Banorte-Ixe, stated that " investment in machinery and equipment will most likely present a…