Retail Sales in Mexico
Over the past decade, Mexico recorded an average growth rate of 2.5% in retail sales, surpassing the 1.7% average for Latin America. In 2022, retail sales growth was 7.2%.
Mexico Retail Chart
Note: This chart displays Retail Sales (ann. var. %) for Mexico from 2014 to 2023.
Source: Macrobond.
Mexico Retail Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Retail Sales (ann. var. %) | 2.2 | -8.7 | 13.3 | 7.2 | 4.0 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Mexican retail projections for the next ten years from a panel of 5 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable retail forecast available for Mexican retail.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Mexican retail projections.
Want to get access to the full dataset of Mexican retail forecasts? Send an email to info@focus-economics.com.