Total sales from Mexico's major retail stores will likely surpass earlier estimates of nearly 7 percent growth this year, in large part due to abundant liquidity in the economy, the head of retailers association ANTAD said in an interview on Friday.
Earlier this year, ANTAD forecast annual growth of 6.9 percent for total retail sales, and 3.9 percent growth for sales at stores open at least a year.
Data through June already shows total sales growth of 10.1 percent and same-store sales growth of 6.8 percent, a trend that ANTAD President Vicente Yanez expects . . .