• INCREASE: Foreign direct investment in Mexico grew from January to September of 2019 by 7.8% when compared to the same period of last year according to new Government figures in what the
López Obrador Administration welcomed as good news given the global economic slowdown.
• NUMBERS: According to new official data, Mexico attracted USD 26.0 billion through the third quarter of 2019 with manufacturing accounting for 44.6% of total and the US & Canada as the origin of 45% of total. All time record year for FDI in Mexico was 2013 with USD 48.5 billion.
• STABILITY: “Funds available to be invested in any country in the world have been contracting since 2015 and 2016 and, although they have declined…investment (in Mexico) has remained stable, this phenomenon is important to make known”, said Minister of the Economy, Graciela Márquez.
• CAUTION: Despite very strong macroeconomic policies and policy frameworks, the International Monetary Fund (IMF) warned in a report earlier this month that the López Obrador Administration’s has been weakening Mexico’s investment climate given its undermining of policy predictability.