Retail Sales in Mexico

Mexico Retail Sales | Economic News & Forecasts

Mexico - Retail Sales

Comprehensive data confirmed that growth bounced back in the third quarter on across-the-board expansions. This was particularly marked within the services sector as consumers sprang to life following the landslide victory of Andrés Manuel López Obrador (AMLO) in the 1 July general election. The interregnum in the lead-up to his inauguration on 1 December was marred by controversy, however, and financial turmoil in recent weeks suggests that markets had not entirely priced in his policy prescriptions. Policy uncertainty abounds; his cancellation of the USD 13 billion New Mexico City International Airport (NAIM) in October via disputed referendum spooked investors and sparked a selloff of the peso—putting Banxico in the hotseat. Analysts have grown bearish in the first days of AMLO’s ascendency to the top post: Anticipated pass-through is likely to sting consumers over the short-term, while higher interest rates and the shock to business sentiment bode poorly for investment.

Mexico - Retail Sales Data

2013  2014  2015  2016  2017  
Retail Sales (annual variation in %)1.1  2.7  5.1  8.7  1.3  

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Mexico Retail Sales Chart

Mexico Retail
Note: Annual variation of retail sales in %.
Source: Mexico National Statistical Institute (INEGI) and Met the why particular calculations.

Mexico Facts

Bond Yield9.08-0.24 %Nov 29
Exchange Rate20.24-0.29 %Nov 29
Stock Market41,9130.12 %Nov 29

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