October retail sales rise 0.3% from September

Sales increased 4.8 percent in October from a year earlier.

Steady consumer growth helped underpin the economy this year. (Photo: Reuters)
English 21/12/2015 12:56 Reuters Actualizada 13:00

Mexican retail sales rose 0.3 percent in October after having slipped the previous month, the national statistics agency said on Monday, pointing to improving consumer-driven growth in Latin America's no. 2 economy.

Sales increased 4.8 percent in October from a year earlier.

Steady consumer growth helped underpin the economy this year, which expanded at its fastest pace in two years in the third quarter, despite a slump in oil output.

 

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