UPDATE 1-Mexico gross fixed investment flat in February
* Investment index flat in month-ago terms; Jan saw +1.55 pct
* Index up 11.7 pct in year-ago terms; was +8.7 pct in Jan
MEXICO CITY May 8 (Reuters) - Mexican gross fixed investment was essentially flat in February but the index was higher in year-ago terms for the lagging indicator of industrial sentiment.
Gross fixed investment increased 0.03 percent in February from January compared to a downwardly revised 1.55 percent increase in the previous month, originally reported as a 1.60 percent uptick.
Compared with the same month a year earlier, the measure of spending on machinery, equipment and construction was up 11.7 percent, the national statistics agency said on Tuesday.
The gauge, a lagging indicator, provides a delayed measure of sentiment on big capital investments in Mexico.
The Mexican economy is expected to grow about 3.62 percent this year, according to a central bank poll of analysts, down from expansion of 3.9 percent in 2011. [ID: nL1E8G26S9]
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