Macro Analysis /

Mexico: Retail sales extend their positive trend in April

  • Retail sales grew 0.4% m/m (4.6% y/y), benefited from a consolidation in fundamentals and better virus conditions

  • Sector dynamics were mixed, highlighting +2.3% in ‘vehicles and fuels’ and -4.1% in healthcare

  • We expect retail sales to keep climbing given stronger fundamentals, but with price pressures as the main risk

Juan Carlos Alderete Macal
Juan Carlos Alderete Macal

Director of Economic Research

Francisco Jose Flores Serrano
Francisco Jose Flores Serrano

Senior Economist, Mexico

23 June 2022
Published byBanorte


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