Gross Fixed Investment Advances 0.1% in January

by times news cr

2024-04-09 14:06:33

Recording the largest increase since October 2023 according to seasonally adjusted figures, the Gross Fixed Investment grew 0.14%.

With this, gross fixed investment registered a Annual growth of 13.82%, decelerating with respect to annual rate of 15.43% that registered the previous month.

The growth in the month was due to the good performance of two components, the investment in equipment transport imported (16.47%, the highest rate since August 2022) and residential construction (6.85%).

On the other hand, the rest of the components showed contractions: machinery, equipment and other national goods (-0.45%); machinery, imported equipment and other goods (-1.38%), domestic transportation equipment (-1.47%) and non-residential construction (-3.64%).

At an annual rate, the components with the better performance in January they are: imported transportation equipment (51.71%); non-residential construction (31.75%); and residential construction (8.71%). With the January data, the indicator is only 1.63% below its all-time high from last October.

2024-04-09 14:06:33

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