Retail sales in Mexico declined 5.1 percent year-on-year in November of 2020, following a 7.1 percent slump in the previous month and compared with market expectations of a 5.6 percent fall. It marked the ninth consecutive month of decline in retail activity but at the softest pace in the current sequence. On a seasonally adjusted monthly basis, retail sales grew 3.3 percent, the biggest monthly increase in four months and beating market expectations of a 1.2 percent rise. source: Instituto Nacional de Estadística y Geografía (INEGI)

Retail Sales YoY in Mexico averaged 1.63 percent from 2002 until 2020, 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 January of 2021.

Retail Sales YoY in Mexico is expected to be 0.30 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 2.40 in 12 months time. In the long-term, the Mexico Retail Sales YoY is projected to trend around 2.40 percent in 2022 and 3.40 percent in 2023, according to our econometric models.

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Mexico Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-5.10 -7.10 9.10 -23.80 2002 - 2020 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-10-23 11:00 AM Aug -10.8% -12.5% -9.7% -8%
2020-11-25 12:00 PM Sep -7.1% -10.8% -7.6% -8%
2020-12-21 12:00 PM Oct -7.1% -7.1% -6%
2021-01-26 12:00 PM Nov -5.1% -7.1% -5.6% -5.2%
2021-02-24 12:00 PM Dec -5.1%
2021-03-25 12:00 PM Jan
2021-04-23 11:00 AM Feb
2021-05-21 11:00 AM Mar

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.