Mexico | Consumption grew 8.9% in April driven by the tourism sector

Summary

The BBVA Research Big Data Consumption Index grew 17.4% MoM in its hotel component, while the restaurant segment grew 16.1% MoM.

Key points

• Key points:
• Airline sales grew 40.3%, which along with the dynamism of the temporary accommodation and food preparation segments, point to a reactivation of tourism in recent months.
• The goods component grew 9.6%, with a positive evolution of food (4.6%) and goods for health care (3.9%).
• Consumption in physical stores reported a monthly variation of 9.6%, reaching a historical maximum.

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