Meanwhile, investment in machinery and equipment rose 12.3%, mainly driven by the imported machinery segment, which showed an increase of 21.8%. The national machinery barely had an increase of 1.5%.
In real terms, It was the best February of the last four years in terms of investment. Likewise, according to the seasonally adjusted series of Ferreres, it was the second best brand since August 2018behind that of December last year.
With these numbers, in the first two months there was an increase of 12.7% compared to the same period last year.
measure in dollars, Ferreres estimated an investment of US$6,758 million, which represented about 22% of GDP.
“For the coming months we anticipate more modest growth figures, and the main threat to investment growth continues to be the shortage of foreign currency and the bottleneck that we could see in imports,” the report estimated.
Source: Ambito
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