Mexico retail sales grew more-than-expected in February and at the fastest pace in four months, figures from the statistical office INEGI showed Friday.
Retail sales rose 5.6 percent year-on-year following a 4.7 percent growth in January. Economists had expected 4.5 percent gain.
The latest sales growth equaled the gain in October last year.
Wholesale sales grew 4 percent annually after a 2.2 percent rise in the previous month.
The material has been provided by InstaForex Company – www.instaforex.com