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Mexican H1 foreign direct investment estimated lower than 2018 total

Tue, 20th Aug 2019 15:54

MEXICO CITY, Aug 20 (Reuters) - Mexico's Economy Ministrysaid on Tuesday that its preliminary estimate for foreign directinvestment in the country in the first half of this year was$18.102 billion, which if confirmed would be down from $21.5billion in the first half last year.

Some 43% of the investment so far in 2019 was inmanufacturing, followed by nearly 13% in commerce and almost 10%in financial services, the ministry said in a statement.

Nearly 38% came from the United States, trailed by Canada,Spain, Germany and Belgium.

The preliminary estimate was 1.5% more than last year'spreliminary figure for foreign direct investment in Mexico inthe first six months of 2018, the ministry said.(Reporting by Mexico City Newsroom; Editing by David Gregorio)

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