Retail sales in Mexico plunged 7.6 percent year-on-year in January of 2021, following a 5.9 percent drop in the previous month and compared to market expectations of an 8.3 percent slump. It marked the eleventh consecutive month of declines and the steepest contraction in retail activity since August of 2020. On a seasonally adjusted monthly basis, retail sales edged higher 0.1 percent, after an upwardly revised 2.7 percent drop in the prior month. source: Instituto Nacional de Estadística y Geografía (INEGI)
Retail Sales YoY in Mexico averaged 1.56 percent from 2002 until 2021, reaching an all time high of 9.10 percent in February of 2012 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 April of 2021.
Retail Sales YoY in Mexico is expected to be -3.00 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 -1.50 in 12 months time. In the long-term, the Mexico Retail Sales YoY is projected to trend around 1.40 percent in 2022 and 2.00 percent in 2023, according to our econometric models.