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September 21, 2023
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Mexico retail sales 0.24% m-o-m (consensus 0.2%) in Jul-23

- Retail sales in Mexico experienced a slower growth rate in July 2023, increasing by only 0.24% month-on-month, compared to 2.25% in the previous month.
- Despite the slowdown, the growth rate in July was still above the long-run average by 0.08 percentage points, indicating a relatively strong performance in a broader historical context.

September 07, 2023
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Mexico PPI inflation 0.05% y-o-y in Aug-23



- Mexico's PPI inflation rate rose to 0.05% year-on-year in August 2023, marking the highest level of growth since May 2023.
- The current PPI inflation rate is 2.98 percentage points below the 1-year average and 4.69 percentage points below the long run average, suggesting relatively subdued inflationary pressures.

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