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Mexico City,- Investment made by companies in Mexico posted a 6,2% year-to-year increase last May quite above market expectations, according to the Mexican Statistics Agency, INEGI.

The annual increase widely exceeded expectations by 12 specialists consulted in a Reuters Survey, which expected an average 3.8% increase, with a 3.9% mean.

Mexico, the second largest economy in Latin America, is recovering from its worst recession since the 1930’s, into which it fell pushed by the United States, the destination for around 80% of its exports. The Federal Government expects the Mexican economy will grow at least 4.5% this year, after a 6.5% collapse last year.