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Mexico Retail Sales Jump by Most Since 2012 as Inflation Eases

  • Slowing pace of price increases is bolstering consumers
  • Retail surge fuels stock returns at Liverpool, Wal-Mart

Mexico’s retail sales surged by the most in three years in August as a rebound in consumer spending accelerated.

Retail sales climbed 6.4 percent from the same month a year ago, the most since February 2012 and higher than the 4.8 percent gain that was the median estimate of 22 analysts surveyed by Bloomberg. The 1.5 percent increase from the previous month was the biggest since January of this year.