Background on Key Figures and Context
In March 2025, amidst trade tensions sparked by tariffs announced by Donald Trump, Mexico managed to at least increase its retail trade revenues. The retail sector, driven by personal use items such as perfumes, jewelry, clothing, and accessories, showed resilience.
Retail Sales Growth
According to the National Institute of Statistics and Geography (Inegi), retail sales registered a growth of 2.7% in March compared to the same month last year.
Key Sectors Driving Sales
- Perfumery and jewelry experienced a significant 27.2% increase in sales.
- Furniture sector saw an 18.6% growth in sales.
E-commerce Continues to Thrive
Non-store sales, including online and catalogue purchases, also continued to grow by 17.3% in March.
Monthly Sales Advance
Total retail sales also advanced by 0.5% compared to February.
Impact on Consumers and the Economy
These positive retail sales figures indicate that consumers remained active in spending, particularly on personal care and fashion items. The growth in non-store sales reflects the ongoing shift towards e-commerce, benefiting both retailers and consumers through increased convenience and product variety.
Key Questions and Answers
- Q: How did retail sales perform in March 2025 despite trade tensions? A: Retail sales grew by 2.7% in March compared to the same month last year, driven by personal use items and e-commerce.
- Q: Which retail sectors experienced the most significant growth? A: Perfumery and jewelry saw a 27.2% increase, while the furniture sector grew by 18.6%.
- Q: How did non-store sales perform in March 2025? A: Non-store sales, including online and catalogue purchases, grew by 17.3%.
- Q: What was the monthly advance in total retail sales? A: Total retail sales advanced by 0.5% compared to February.
