
Mexico: Retail sales Y-on-Y
* indicates monthly or quarterly data series
The most recent value is -2.23 percent as of November 2024, a decline compared to the previous value of -1.66 percent. Historically, the average for Mexico from January 2009 to November 2024 is 1.79 percent. The minimum of -23.14 percent was recorded in May 2020, while the maximum of 34.93 percent was reached in May 2021.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: National Institute of Statistics and Geography of Mexico
Recent values | Mexico: Retail sales Y-on-Y |
---|---|
2024  Nov | -2.23 |
2024  Oct | -1.66 |
2024  Sep | -0.95 |
2024  Aug | -0.8 |
2024  Jul | -1.47 |
2024  Jun | -2.09 |
2024  May | 0.14 |
2024  Apr | -0.05 |
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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.
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Industrial production | -3.34 | 10/2024 | percent |
Retail sales | 116.83 | 11/2024 | index points |
Retail sales Y-on-Y | -2.23 | 11/2024 | percent |
House price index | 269.18 | Q3/2024 | index points |
Real residential property prices Y-on-Y change | 3.94 | Q3/2024 | percent |
Business confidence survey | 2.35 | 12/2024 | points |
Consumer confidence survey | -5.76 | 12/2024 | points |