Mexico 2024 Consumer Outlook: Buoyant Growth Aided By Labour Market Tightness And Cooler Inflation
Consumer & Retail / Mexico / Thu 02 May, 2024
Key View: In 2024, we expect Mexican consumer spending to slow but remain positive, driven by easing inflation, reduced interest rates, and a resilient labor market. Consumer confidence is at a post-Covid high, underpinning solid spending above pre-pandemic levels, despite signs of stagnation in retail sales growth. Slight increases in unemployment