Mexico’s retail sector lost some momentum in July 2026, with year-on-year sales growth easing to 1.8%, down from 2.9% in June, according to data updated on 22 September 2026.
Both figures are calculated on a year-over-year basis, comparing each month to the same month a year earlier. While retail activity continued to expand in July, the slower pace suggests a cooling in consumer spending after a stronger performance in June.
The deceleration may signal increasing caution among consumers or emerging headwinds for domestic demand, and will likely be watched closely by policymakers and investors assessing the strength and sustainability of Mexico’s internal market in the second half of 2026.
