Mexico's consumer confidence index rebounded in June to an eight-month high as consumers became more optimistic about their ability to buy big-ticket items, raising hopes of a rebound in consumer spending this year.
Consumer confidence when adjusted for seasonal swings rose to 91.3 last month from 90.6 the prior month, reaching its highest since October 2013.
Economic growth sank to a four-year low of 1.1 percent last year and analysts polled by the central bank expect growth of just 2.65 percent this year.
Mexico's biggest retailer, Wal-Mart de Mexico, saw . . .
Already a Subscriber? Login Here
