Retail Sales in Mexico increased 5.5 percent over a month earlier in July of 2020, following a record 7.8 percent gain in the previous month and compared with market expectations of a 5.7 percent rise, as businesses continued to reopen following lockdowns due to the COVID-19 outbreak.
Retail Sales MoM in Mexico averaged 0.06 percent from 2001 until 2020, reaching an all time high of 7.80 percent in June of 2020 and a record low of -22.50 percent in April of 2020. This page provides - Mexico Retail Sales MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Retail Sales MoM - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: Instituto Nacional de Estadística y Geografía (INEGI)
Retail Sales MoM in Mexico is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales MoM in Mexico to stand at 0.50 in 12 months time. In the long-term, the Mexico Retail Sales MoM is projected to trend around 0.50 percent in 2021 and 0.60 percent in 2022, according to our econometric models.