22/06/2011 00:00 AST

Mexico's retail sales increased at a faster pace in April, after slowing in the previous month, data released by statistical office INEGI showed Wednesday.

Retail sales advanced 4.9 percent year-on-year in April, faster than the 1 percent increase seen in March. Economists expected sales to grow 2.7 percent annually.

On a monthly basis, retail sales rose a seasonally adjusted 1.13 percent in April, after increasing 0.01 percent in the previous month.

At the same time, wholesale trade in the country decreased 4.1 percent annually in April, slower than March's 1.1 percent decline. Month-on-month, wholesale trade grew a seasonally adjusted 2.39 percent in April, recovering from the 2.92 percent fall recorded in March.


RTT News

Ticker Price Volume
Index Closing Change
NIKKEI 225 36,581.76 -251.51 (-0.68%)
DAX 18,699.40 181.01 (0.97%)
S&P 500 5,626.02 30.26 (0.54%)
What is in the new US-UK trade deal?

09/05/2025

The "breakthrough" US-UK trade deal announced Thursday by President Donald Trump is the first agreement to be unveiled since he slapped steep tariffs on allies and adversaries alike on April 2.
<

AFP

US Fed sees rising risks to economy as it leaves rates unchanged

09/05/2025

The Federal Reserve held interest rates steady on Wednesday but said the risks of higher inflation and unemployment had risen, further clouding the US economic outlook as its policymakers grapple wit

Reuters

US Federal Reserve maintains benchmark interest rate

08/05/2025

The US Federal Reserve held its interest rates on Wednesday, as the US central bank continued to pause as officials say they want a clearer picture of the US economy's direction before deciding their

Khaleej Times

Egypt's non-oil business activity weakens in April; Lebanon's PMI ticks higher

07/05/2025

Egypt's non-oil private sector contracted further in April according to S&P Global, while Lebanon saw its economic decline slow across the month.

The north African country's Purchasing Manag

Arab News

Trump says he wants a fair trade deal with China

06/05/2025

US President Donald Trump on Sunday said the US was meeting with many countries, including China, on trade deals, and his main priority with China was to secure a fair trade deal.

Trump tol

Reuters