RPT-UPDATE 1-Mexico gross fixed investment +2.2 pct m/m in Jan

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* Jan gross fixed investment +2.16 pct vs. +0.99 pct Dec

* Dec revised +0.99 pct from +0.70 pct

* Jan y/y investment +9.2 pct
(Adds details, background)

MEXICO CITY, April 8 (Reuters) – Mexico gross fixed
investment rose by 9.2 percent from a year ago and 2.2 percent
from the month-ago figure as Latin America’s second-largest
economy continues to strengthen.

Mexican gross fixed investment (MXGFIN=ECI: Quote, Profile, Research) – a measure of
spending on machinery, equipment and new construction – rose
2.16 percent in January from December, the national statistics
agency said on Friday.

December’s month-ago uptick was revised upward to +0.99
from the +0.70 percent originally reported.

Gross fixed investment was up 9.2 percent from January 2010
(MXGFI=ECI: Quote, Profile, Research).

Other indicators from the Mexican economy point to recovery
from the recent global downturn with the economy having
expanded by 5.4 percent last year. The central bank expects
growth to by nearly 5 percent this year.

Inflation, meanwhile, remains muted unlike other economies
in Latin America.
(Reporting by Patrick Rucker; Editing by Theodore d’Afflisio)

RPT-UPDATE 1-Mexico gross fixed investment +2.2 pct m/m in Jan