FX.co ★ Mexico’s Gross Fixed Investment Drops 3.3% YoY in January, Reversing Flat December

Mexico’s gross fixed investment contracted by 3.30% year-over-year in January 2026, marking a sharp deterioration from December 2025, when the indicator showed no change at 0.00% compared with a year earlier. The figures, updated on 06 April 2026, indicate a weakening in capital spending at the start of the year.

The shift from flat growth in December to a notable decline in January suggests that businesses and the public sector alike curtailed investment in fixed assets such as machinery, equipment, and construction compared with January 2025. As the data are measured on a year-over-year basis, the latest reading points to a more challenging investment environment entering 2026 than at the close of 2025.

With gross fixed investment serving as a key gauge of future productive capacity and long-term economic growth, the January downturn may raise concerns about the strength and durability of Mexico’s expansion in the months ahead. Investors and policymakers will be closely watching subsequent releases to assess whether this decline is temporary or the start of a more persistent slowdown in capital formation.