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25th May 2017 08:39Latin America, Economic Monitor

Consumers' spending in Mexico was relatively resilient at the end of Q1, but we think it will slow in the second quarter. Data released this week showed that retail sales rose a strong-looking 6.1% year-over-year in March, well above market expectations, and up from 3.6% in February.

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mexico consumers spending consumers real wages real wage wages index core services services mxn nafta mexican inflation inflation banxico core services core services inflation services depreciation core data china brazil terner trade trading amlo nieto

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