Retail sales in Mexico contracted 6.3 percent year-on-year in February of 2021, following a 7.6 percent plunge in the previous month and above market expectations of a 5.4 percent slump. It marked the twelfth consecutive month of declines. On a seasonally adjusted monthly basis, retail sales went up by 1.6 percent, after a downwardly revised flat reading in the prior month. source: Instituto Nacional de Estadística y Geografía (INEGI)
Retail Sales YoY in Mexico averaged 1.53 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 May of 2021.
Retail Sales YoY in Mexico is expected to be 8.00 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.