Mexico's gross fixed investment was flat in December 2025 compared with a year earlier, following a 6.5% drop in the previous month and performing better than market expectations of a 2.8% decline. This was the first non-negative annual reading since August 2024. Construction spending increased by 4.3%, up from 1.3% growth in November, supported by a 13.3% jump in residential construction. In contrast, investment in machinery and equipment fell 4.6%, though this was a marked improvement from the 14.7% slump recorded in November, with spending on domestically produced machinery and equipment down 9.3% and investment in imported machinery and equipment decreasing 1.2%. On a seasonally adjusted monthly basis, gross fixed investment rose 0.5%, matching November’s pace.