Mexican foreign direct investment falls by one third in 2014
MEXICO CITY Feb 24 (Reuters) - Foreign direct investment (FDI) to Mexico slipped by almost 36 percent to $22.6 billion in 2014 after a record 2013, Economy Ministry data showed on Tuesday.
The United States was the biggest contributor to FDI in Mexico last year, with $6.5 billion, followed by Spain with $4.1 billion and Canada with $2.4 billion, according to the data.
During the fourth quarter of 2014, FDI reached $5.6 billion, up 4.2 percent from the same period in 2013, the ministry said.
In 2013, boosted by Belgian brewer Anheuser-Busch InBev's acquisition of Mexican beer giant Grupo Modelo, FDI to Latin America's no. 2 economy reached $35.2 billion. (Writing by Dave Graham; Editing by Grant McCool)
© Thomson Reuters 2017 All rights reserved.