The gross fixed investment (GFI) figures for December were published today, ten weeks after the year ended. GFI rose a less than impressive 2.3% last year. While GDP (in current pesos) might have recovered its 2008 by the final quarter of 2100, GFI certainly wasn't driving the recovery: GFI dropped 10.1% in 2009.
GFI in machinery and equipment rose 4.3% last year, After plunging 18.7% in 2009, GFI in nationally-produced machinery and equipment climbed 13.3%, its fastest growth rate in seven years. Imported machinery and equipment inched up a mere 0.8% in 2010 after plummeting 22.0% in 2009. It will be interesting to see if this is a one-time effect or presages a switch in sourcing. Construction
GFI in machinery and equipment rose 4.3% last year, After plunging 18.7% in 2009, GFI in nationally-produced machinery and equipment climbed 13.3%, its fastest growth rate in seven years. Imported machinery and equipment inched up a mere 0.8% in 2010 after plummeting 22.0% in 2009. It will be interesting to see if this is a one-time effect or presages a switch in sourcing. Construction
No hay comentarios:
Publicar un comentario