It was the most severe monthly slump in fixed capital investment in the construction industry since January 1996, when in the wake of the 1995-1995 financial crisis, the figure fell by 9.5% from January 1995, Mexico City daily Reforma reported. Fixed capital investment by the construction industry during the first quarter of the current year was down 3.8% from the year-ago period, INEGI said.
Mexican Construction Industry Investment Down 6%
Fixed capital investment by companies in Mexico's construction industry during March was down 5.3%, for a fifth consecutive monthly decline, according to government statistics agency INEGI.
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