In a surprising turn of events, Mexico’s Gross Fixed Investments (GFI) saw a dramatic decline in June 2024, plummeting to -1.00%. This is a stark contrast to the modest growth of 0.70% reported in May 2024. The latest data, updated on September 3, 2024, reflects a significant downturn in economic sentiment.The Month-over-Month comparison highlights a worrying trend in the country’s economic activities. While May 2024 saw a slight increase in investments, the sudden drop in June calls for a closer scrutiny of the factors contributing to this adverse change. Policy makers and economic analysts will be paying close attention to upcoming data to decipher the underlying causes of this downturn.Such a decline in Gross Fixed Investments signals potential concerns for the nation’s economic stability and growth prospects, putting pressure on government officials and investors to quickly address and mitigate the risks.The material has been provided by InstaForex Company – www.instaforex.com
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