PREVIEW-Mexico Nov gross fixed investment seen down 7.2 pct

WHAT: Gross fixed investment for November

WHEN: Tuesday, Feb. 9 at 9:00 a.m. (1500 GMT)

REUTERS FORECAST: Median -7.2 percent year-on-year November
vs -14.0 percent October. Twelve clients participated in the
survey and the range was -4.0 percent to -12.5 percent.

FACTORS TO WATCH: A trend of declining investment is
expected to have eased as Mexico recovers from a punishing
recession that ended in the third quarter of last year.

The index of spending on machinery, equipment and
construction improved in October but did not meet analysts
expectations. A number that meets or beats analysts’
expectations in November will boost confidence in an economic
recovery that has seen declining unemployment in recent
months.

Mexico statistics agency website for IP data:
http://www.inegi.org.mx

All Mexico economic data (ECONALLMX: )

Today’s data (ECONMX: )

Stock Analysis

(Reporting by Jean Luis Arce; Editing by Leslie Adler)

PREVIEW-Mexico Nov gross fixed investment seen down 7.2 pct