GulfBase Live Support
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
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 |
22/02/2025
The chief executive of Dubai-based cryptocurrency exchange Bybit has guaranteed that client funds are safe and available for withdrawal, despite the company suffering a sophisticated hack that is bel
The National
21/02/2025
Regional conflicts have negatively impacted the performance of Middle Eastern countries in this year's Soft Power Index, according to findings by brand and marketing consultancy Brand Finance.
Arab News
21/02/2025
Baker Hughes said oil rigs rose by seven to 488 this week, their highest since September, while gas rigs fell by two to 99.
U.S. energy firms this week added oil and natural gas rigs for a f
Reuters
20/02/2025
Netflix said Thursday that it would spend $1 billion over four years producing content in Mexico, in a boost to the government's efforts to attract investment in the face of US tariff threats.
The Peninsula
20/02/2025
The US Federal Reserve building in Washington, DC. Many economists expect Trump's proposals to hike tariffs and deport millions of undocumented workers could stoke inflation
The US Federal R
Khaleej Times