Mexico Retail Sales MoM

Retail Sales in Mexico decreased 0.30 percent in January of 2014 over the previous month. Retail Sales MoM in Mexico is reported by the Instituto Nacional de Estadística y Geografía (INEGI). Retail Sales MoM in Mexico averaged 0.20 Percent from 2001 until 2014, reaching an all time high of 3.10 Percent in November of 2013 and a record low of -3.65 Percent in December of 2012. In Mexico, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In Mexico, Retail sales are seasonal, volatile and relatively important to the overall economy. This page provides - Mexico Retail Sales MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-17

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-0.30 2.10 3.10 -3.65 0.37 | 2014/02 2001 - 2014 Percent Monthly


Mexico Retail Sales MoM

CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-12-19 02:00 PM Mexico
Retail Sales MoM
Oct 2013 0.8% -0.4% 0.41%
2014-01-24 02:00 PM Mexico
Retail Sales MoM
Nov 2013 3.1% 0.8% -0.11%
2014-02-25 02:00 PM Mexico
Retail Sales MoM
Dec 2013 2.1% 3.1% 0.5%
2014-03-21 02:00 PM Mexico
Retail Sales MoM
Jan 2014 -0.3% 2.1% 0.12%
2014-04-23 02:00 PM Mexico
Retail Sales MoM
Feb 2014 -0.3% 0.37%
2014-05-21 02:00 PM Mexico
Retail Sales MoM
Mar 2014 0.15%

Consumer Last Previous Highest Lowest Forecast Unit
Consumer Spending 9464597.00 2013-11-15 9135382.00 9464597.00 4849603.00 9993723.92 2014-03-31 MXN Million [+]
Personal Savings 23.90 2012-12-31 24.20 25.70 21.70 23.88 2013-12-31 Percent [+]
Retail Sales MoM -0.30 2014-01-31 2.10 3.10 -3.65 0.37 2014-02-28 Percent [+]
Retail Sales YoY -0.30 2014-01-31 2.20 8.70 -6.50 1.70 2014-02-28 Percent [+]
Consumer Confidence 88.79 2014-03-15 84.52 117.65 76.95 88.15 2014-04-30 [+]

Retail Sales MoM | Notes
The Retail Sales report is an aggregated measure of the sales of retail goods over a certain period. Usually, the Retail sales report is based on a data sampling that is extrapolated to model an entire country. Generally, the retail sales report not only captures store sales, catalogue sales and other out of store sales but also breaks down sales figures into groups like food and beverages, clothing, and autos. The Retail sales report is one of the timeliest economic reports, providing data that is only a few weeks old. The most popular measure of retail sales is month over month, where the volume of retail sales in certain month is compared to the previous month. However, some countries prefer the year over year measure where the certain month is compared to the same month a year ago thus accounting for seasonality and other oscillations in retail sales data.


Mexico Inflation Rate Decelerates in March  
Mexican annual consumer prices slowed for the second straight month to 3.76 percent in March of 2014, down from 4.23 percent in February. The inflation is now below the central bank’s 4 percent limit.
Mexico Trade Balance Returns to Surplus  
In February of 2014, Mexico posted a USD 976 million trade surplus, after recording in January the highest deficit on record. The figure compares with a USD 80 million surplus in the same month last year.
Mexico Unemployment Rate Falls in February  
Mexican jobless rate decreased to 4.65 percent in February of 2014 from 5.05 percent in January. A year ago, the unemployment rate was recorded at 4.85 percent.
Mexico Leaves Monetary Policy on Hold  
At its March 21st, 2014 meeting, Bank of Mexico left the overnight interbank rate steady at 3.5 percent for the third straight meeting, as it considers that the current policy stance remains appropriate to reach the 3 percent inflation target.
Mexico Inflation Rate Slows in February  
Mexican consumer prices rose by an annual 4.23 percent in February, down from 4.48 percent in January, as the effects of new taxes eased. A year earlier, the inflation was recorded at 3.55 percent.
Mexico Posts Record Trade Deficit in January  
In January of 2014, Mexican trade balance posted a USD 3.195 billion deficit, the highest trade deficit on record and mainly due to a fall in oil exports.
Mexico Unemployment Rate Rises in January  
In January of 2014, Mexican jobless rate edged up to 5.05 percent, after falling in December last year to a 5-year low at 4.25 percent.
Mexican Economy Slows in Q4  
Mexico’s GDP growth slowed in the last quarter of 2013 hurt by a drop in industrial production. The economy advanced a meager 0.2 percent on a quarter-on-quarter seasonally adjusted basis, down from a revised 0.95 percent growth rate in the previous three-month period.
Mexico GDP Growth Disappoints in Q4  
In the last three months of 2013, Mexican economy slowed for the second straight quarter expanding only 0.7 percent over a year earlier, hurt by lower production in agriculture and mining.
Mexico Annual Inflation Rate Hits 7-month High in January  
Mexican consumer prices rose 4.48 percent in the year through January up from 4 percent reported in December. During the month prices increased 0.89 percent.


Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Angolan Inflation Rate Down To 7.32% in March  
The annual consumer prices in Angola decelerated for the second consecutive month to 7.32 percent in March of 2014, from 7.48 percent recorded in February of 2014.
Russia GDP Growth Slows Sharply in Q1  
Russian economy advanced an annual 0.8 percent in the first quarter of 2014, well below the 2 percent expansion recorded in the previous three-month period, Russia's Economy Minister Alexei Ulyukayev said addressing the parliament.
Bank of Canada Leaves Rates at 1%  
At its April 16th, 2014 meeting, Bank of Canada decided to leave the overnight lending at 1 percent, as the Bank continues to see a gradual strengthening in the fundamental drivers of growth and inflation.
US Industrial Production Slows in March  
Industrial production increased 0.7 percent in March after having advanced 1.2 percent in February. Yet, manufacturing output rose for the second straight month.
US Housing Starts Rise Below Forecasts  
Privately-owned housing starts in March were at a seasonally adjusted annual rate of 946,000. This is 2.8 percent above the revised February estimate of 920,000, but down 5.9 percent year-on-year.
China’s Economy Expands 1.4% QoQ in Q1  
In the first three months of 2014, the Chinese GDP slowed for the third straight quarter. The economy expanded 1.4 percent quarter-on-quarter, down from a revised 1.7 percent increase in the last three months of 2013.
Malaysian Inflation Rate Unchanged in March  
Malaysian annual inflation remained steady at 3.5 percent in March of 2014, after accelerating in the previous six months. A slowdown in transport prices was enough to offset higher food, housing and gas prices.
Italian Trade Surplus Widens in February  
The trade surplus increased to EUR 2.6 billion in February of 2014, from a revised EUR 0.36 billion in the previous month, as exports increased at a faster pace than imports. Compared with a year earlier, the trade surplus more than doubled from EUR 1.05 billion.

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