Retail sales in Mexico increased 1.6 percent year-on-year in March of 2019, easing from an upwardly revised 2.5 percent rise in the previous month. On a monthly basis, retail trade went down 0.2 percent, after a downwardly revised 1.1 percent gain in the previous month. Retail Sales YoY in Mexico averaged 2.20 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.
Retail Sales YoY in Mexico is expected to be 3.30 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 3.40 in 12 months time. In the long-term, the Mexico Retail Sales YoY is projected to trend around 3.20 percent in 2020, according to our econometric models.