PREVIEW-Mexico Nov gross fixed investment seen down 7.2 pct
WHAT: Gross fixed investment for November
WHEN: Tuesday, Feb. 9 at 9:00 a.m. (1500 GMT)
REUTERS FORECAST: Median -7.2 percent year-on-year November vs -14.0 percent October. Twelve clients participated in the survey and the range was -4.0 percent to -12.5 percent.
FACTORS TO WATCH: A trend of declining investment is expected to have eased as Mexico recovers from a punishing recession that ended in the third quarter of last year.
The index of spending on machinery, equipment and construction improved in October but did not meet analysts expectations. A number that meets or beats analysts' expectations in November will boost confidence in an economic recovery that has seen declining unemployment in recent months.
Mexico statistics agency website for IP data: www.inegi.org.mx
All Mexico economic data ECONALLMX
Today's data ECONMX (Reporting by Jean Luis Arce; Editing by Leslie Adler)
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