Retail Sales in Mexico increased 0.4 percent year-on-year in October 2019, slowing from a 2.4 percent gain in the previous month and below market forecasts of a 2.2 percent rise. It was the smallest gain in retail activity since December 2018 when it decreased 0.5 percent. On a monthly basis, retail trade slumped 2.3 percent, the most since December 2018, after an upwardly revised 1.1 percent rise in the previous month and against market expectations of a 0.1 percent gain. Retail Sales YoY in Mexico averaged 2.19 percent from 2002 until 2019, reaching an all time high of 9.10 percent in February of 2012 and a record low of -6.60 percent in February of 2009. source: Instituto Nacional de Estadística y Geografía (INEGI)

Retail Sales YoY in Mexico is expected to be 3.60 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 2.80 in 12 months time. In the long-term, the Mexico Retail Sales YoY is projected to trend around 3.40 percent in 2020, according to our econometric models.


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Mexico Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
0.40 2.40 9.10 -6.60 2002 - 2019 percent Monthly



Calendar GMT Actual Previous Consensus TEForecast
2019-09-23 11:00 AM Jul 2.1% 1% 2% 2%
2019-10-25 11:00 AM Aug 2.6% 2.1% 1.9% 1.8%
2019-11-26 12:00 PM Sep 2.4% 2.6% 1.5% 2.3%
2019-12-20 12:00 PM Oct 0.4% 2.4% 2.2% 2%
2020-01-27 12:00 PM Nov 0.4% 2.2% 2.8%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
2019-01-25
Mexico Retail Sales Rise 3.4% YoY in November
Retail Sales in Mexico increased 3.4 percent year-on-year in November of 2018, following a 3.0 percent gain in the previous month and above market expectations of a 3.25 percent rise. Considering the first eleven months of the year, retail trade went up 2.8 percent over a year earlier. On a seasonally adjusted monthly basis, retail sales rose 0.4 percent, after declining 1.0 percent in the prior month and beating market consensus of a 0.1 percent gain.


Mexico Retail Sales YoY
In Mexico, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.

Mexico Consumer Last Previous Highest Lowest Unit
Consumer Confidence 43.40 43.40 48.60 28.90 points [+]
Retail Sales MoM -2.30 1.10 4.10 -4.50 percent [+]
Retail Sales YoY 0.40 2.40 9.10 -6.60 percent [+]
Consumer Spending 12638007.00 12313193.00 12816062.00 6094259.00 MXN Million [+]
Personal Savings 21.20 21.50 25.70 19.80 percent [+]
Consumer Credit 1435102.90 1422145.20 1435102.90 41405.00 MXN Million [+]
Private Sector Credit 4907033926.00 4833589993.00 4907033926.00 458609006.00 MXN Thousand [+]
Gasoline Prices 1.03 0.99 1.05 0.32 USD/Liter [+]
Households Debt To GDP 16.30 16.30 16.30 7.70 percent of GDP [+]