Hot sectors in a tepid recovery
The energy, finance, technology and healthcare industries are expected to be the hottest areas for dealmaking in 2010. Full Article | Full Coverage
UPDATE 1-Mexico gross fixed investment up 16.9 pct in Feb
(Adds spending details from paragraph 3)
MEXICO CITY, May 12 (Reuters) - Mexico's gross fixed investment, a measure of spending on machinery, equipment and construction, rose a weaker-than-expected 16.9 percent in February from the same month a year ago, the government said on Monday.
Analysts in a Reuters poll ECONMX had predicted February gross fixed investment MXGFI=ECI would rise 18.45 percent.
Spending on equipment and machinery jumped 34.5 percent, which expenditures on imported equipment and machinery soared 48.4 percent, the government said in a statement.
Investment in domestically produced items edged up only 3 percent. Construction investment increased 6.1 percent in February from a year earlier.
Gross fixed investment inched up 0.80 percent compared with January, according to seasonally adjusted figures.
