Gross investment registered in May an increase of almost 20% year -on -year in physical volume

Gross investment registered in May an increase of almost 20% year -on -year in physical volume

The growth was checked by the strong advance of machinery and equipment, but the construction reversed the strong April rise and closed in red.

The Gross Internal Investment registered in May an increase of 19.7% year -on -year In terms of physical volume, according to the index Ibim-Ojf of Orlando J. Ferreres & Associates. Measure in dollars, monthly investment reached US $ 7,596 millionrepresenting a 18.8% of GDP.

This growth was traced mainly by the segment of machinery and equipmentwhich showed an expansion of 41.8% compared to the same month last year and accumulated an increase in 47.4% In the first five months of the year.

Within that item, the Imported machinery One shot 66.8% interannualwhile the Investment in National Assets A advance 18.8%. From the consultant they explained that this performance occurs in a favorable exchange context for importers and a standardization process in capital entry and exit regulations.

CONSTRUCTION IN THE CONSTRUCTION

As countercart from the good performance of the machinery and equipment segment, The investment in construction fell 0.5% in May and reversed the rise in April, When he had marked the highest variation in almost three years. The accumulated from January to May in this sector still shows an advance of 6.1%, after last year sank from the paralysis of public works.

According to Ferreres, the setback in construction was influenced by a weak performance in cement offices During the month.

Perspectives

In the face of the coming months, the report It projects that the investment maintains its path of sustained growth thanks to macroeconomic stability, the highest credit availability and the legal framework of the incentive regime for large investments (Rigi).

“Beyond the disparity of speeds between machinery and construction, we hope that the general average investment will continue its expansion in the remainder of the year,” concludes the report.

Source: Ambito

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