Retail sales Y-on-Y in Mexico, January, 2020
For that indicator, National Institute of Statistics and Geography of Mexico provides data for Mexico from January 2009 to January 2020. The average value for Mexico during that period was 1.58 percent with a minimum of -5.06 percent in June 2009 and a maximum of 7.12 percent in October 2016.
Click on the following link to see the values of Retail sales Y-on-Y
around the world.
* indicates monthly or quarterly data series
Source: National Institute of Statistics and Geography of Mexico
Definition: The retail sales Y-on-Y is an aggregated measure of the sales of retail goods over a stated period. Because retail sales are a measure of consumer demand for finished goods, they are a leading macroeconomic indicator of the pulse of an economy and its projected path toward expansion or contraction.
Retail sales Y-on-Y is calculated as the percent change in the Retail sales index from the same month the previous year.
The Retail sales Y-on-Y measures only volume changes, i.e. price level changes are excluded.