| Surprise Surge in Mexican Retail Sales James Boston - Finances International | |
| go to original October 22, 2014 |
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A strong positive surprise has been presented by the latest Mexican Retail Sales figures just released. The August numbers showed strong improvements and easily beat the market forecasts. Year on year Retail Sales now stand at 4.4% compared to just 2.0% in July, there was only an expectation for a rise to 2.7% in the market today.
The month on month numbers has equally performed, it is now showing at 0.6% growth for August compared to the 0.4% experienced in July, the consensus estimate was actually for a falling of in the expansion to just 0.2% in the latest number.
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