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UPDATE 1-Mexico retail sales fall for second consecutive month in June
August 23, 2017 / 1:34 PM / a month ago

UPDATE 1-Mexico retail sales fall for second consecutive month in June

 (Adds details)
    MEXICO CITY, Aug 23 (Reuters) - Mexican retail sales fell
for the second month in a row in June, official data showed on
Wednesday, in a sign that domestic demand may be cooling.
    Retail sales dropped by 1.1 percent month-on-month in June
when adjusted for seasonal swings, according to data from the
national statistics office. Compared with the same month a year
earlier, sales were up by 0.4 percent.
    Private spending has been a pillar of support for the
Mexican economy in recent months. Mexican retail group ANTAD
said earlier this month that sales at stores open for at least a
year rose by 4.0 percent in July compared to the same month a
year earlier.             

 (Reporting by Gabriel Stargardter; Editing by Nick Zieminski)
  

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