Overview

• INEGI reported the IMFBCF at 107.5 in July 2025, up 1.6% from June after a 1.4% monthly decline the prior month.
• Machinery and equipment rose 4.9% month over month, driven by a 5.9% gain in imported goods and a 23.5% surge in transport equipment.
• Construction contracted 1.3% on the month, with non-residential building down 1.9%, underscoring ongoing weakness in projects.
• Compared with July 2024, fixed investment fell 7.2%, including drops of 7.5% in construction and 5.9% in machinery and equipment; domestic machinery slid 11.4% versus a 1.5% decline in imported.
• Public investment decreased 22.7% year over year on a sharp 31.7% cut to construction outlays, while private investment fell 4.6%.