Retail sales in Mexico jumped 29.7 percent from a year earlier in May of 2021, slightly easing from a 30.1 percent hike in the previous month and beating market expectations of a 28.7 percent rise. It was the second fastest expansion in retail trade on record, primarily due to low base year effects. On a seasonally adjusted monthly basis, retail sales edged up 0.6 percent, following a downwardly revised 0.2 percent decrease in April. source: Instituto Nacional de Estadística y Geografía (INEGI)
Retail Sales YoY in Mexico averaged 1.78 percent from 2002 until 2021, reaching an all time high of 30.10 percent in April of 2021 and a record low of -23.80 percent in April of 2020. This page provides - Mexico Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Retail Sales YoY in Mexico is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Mexico to stand at 2.00 in 12 months time. In the long-term, the Mexico Retail Sales YoY is projected to trend around 2.00 percent in 2022, according to our econometric models.