Mexico Retail Industry Sees Rise from March to April

Mexico is seeing its sales up 4.9% from last year. The change can be attributed to stronger consumer demand strengthened by exports to the United States. HSBC economist, Lorena Dominguez, predicts that the consumption rate will continue to recover slowly. The Mexico retail industry is led by giants Wal-mart de Mexico and Soriana, a Mexico grocery and department store retail chain. The outlook on the Mexican economy is pointing towards further growth, (more than 4.5 percent this year) due to industrial output as factories continue to produce goods for the U.S. market.

source: retailchile.blogspot.com