Retail sales in Mexico advanced by 2.5% from the previous year in March of 2023, following a 3.4% increase in the prior month and missing market estimates of a 2.9% rise. Higher sales of motor vehicles, spare parts, fuels and lubricants (+6.9%); stationery items, recreation and other articles of personal use (+6.3%) were offset by sharp declines in hardware, hardware and glass items (-9.6%); household goods, computers (-5.2%) and groceries, food, drinks, ice and tobacco (-4.8%). On a seasonally adjusted monthly bases, Mexican retail sales were unchanged in March, after an upwardly revised 0.6% fall in the prior month and compared with market forecasts of a 0.1% increase. source: Instituto Nacional de Estadística y Geografía (INEGI)

Retail Sales YoY in Mexico averaged 2.10 percent from 2002 until 2023, reaching an all time high of 30.50 percent in April of 2021 and a record low of -24.10 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 2023.

Retail Sales YoY in Mexico is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Retail Sales YoY is projected to trend around 2.00 percent in 2024 and 3.00 percent in 2025, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Mexico Retail Sales YoY



Calendar GMT Actual Previous Consensus TEForecast
2023-04-20 12:00 PM Feb 3.4% 5.3% 4% 2.9%
2023-05-19 12:00 PM Mar 2.5% 3.4% 2.9% 2%
2023-06-20 11:00 AM Apr 2.5%


Related Last Previous Unit Reference
Consumer Confidence 44.10 43.80 points Apr 2023
Retail Sales MoM 0.00 -0.60 percent Mar 2023
Retail Sales YoY 2.50 3.40 percent Mar 2023
Consumer Spending 13085767.00 12803352.00 MXN Million Dec 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
2.50 3.40 30.50 -24.10 2002 - 2023 percent Monthly
NSA

News Stream
Mexico Retail Sales Growth Misses Forecasts
Retail sales in Mexico advanced by 2.5% from the previous year in March of 2023, following a 3.4% increase in the prior month and missing market estimates of a 2.9% rise. Higher sales of motor vehicles, spare parts, fuels and lubricants (+6.9%); stationery items, recreation and other articles of personal use (+6.3%) were offset by sharp declines in hardware, hardware and glass items (-9.6%); household goods, computers (-5.2%) and groceries, food, drinks, ice and tobacco (-4.8%). On a seasonally adjusted monthly bases, Mexican retail sales were unchanged in March, after an upwardly revised 0.6% fall in the prior month and compared with market forecasts of a 0.1% increase.
2023-05-19
Mexican Retail Sales Rise Less than Expected
Retail sales in Mexico rose by 3.4% from the previous year in February of 2023, easing from the 11-month high of 5.3% from the previous month and missing market expectations of a 4% increase. Retail activity fell for food and drink (-4.5%), hardware stores (-4%), and household goods, computers, and appliances (-1%). On the other hand, sales rose for paper articles (11.1%), textile and accessories (5.1%), and online retail (8.7%).
2023-04-20
Mexico Retail Sales Rise the Most in 11 Months
Retail sales in Mexico rose by 5.3% from a year ago in January 2023, the most since February 2022, picking up from the 2.5% increase in the previous month and well above market expectations of a 3% advance. Retail was higher for textiles, clothing, and footwear (18.2%), automobiles and parts (11.8%), and paper articles and stationery (6.3%). On a seasonally adjusted monthly basis, retail sales in Mexico jumped by 1.6%, the most since March 2021.
2023-03-23