Retail sales in Mexico declined 5.9 percent year-on-year in December of 2020, following a 5.1 percent slump in the previous month. It marked the tenth consecutive month of decline in retail activity amid the ongoing pandemic crisis. On a seasonally adjusted monthly basis, retail sales fell 2.4 percent, the biggest monthly decrease in eight months. source: Instituto Nacional de Estadística y Geografía (INEGI)
Retail Sales YoY in Mexico averaged 1.60 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 March 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.