In September 2025, the performance of the commercial sector in Mexico had mixed results, according to the Monthly Survey on Commercial Enterprises (EMEC) , which revealed an increase in wholesale trade and a stagnation of retail trade on a monthly basis.
According to the survey, prepared by the National Institute of Statistics and Geography (Inegi) , income from the supply of goods and services in wholesale trade showed a monthly increase of 2.5 percent .
The number of people employed in this sector fell by 0.2%, while average wages decreased by 1.2% on a monthly basis in the ninth month of the year.
Meanwhile, retail trade saw no change in revenue. The workforce registered a positive variation of 0.1%, however, average real wages fell by 0.2% month-on-month.
In their annual measurement, wholesale businesses reported no change in total revenue. They also showed a 1.1% increase in employment and a 0.6% decrease in average real wages.
Retail businesses reported a 2.4% increase in their income from the supply of goods and services; the number of people employed rose 1.1% and average real wages grew 4.4% year-on-year.
Most wholesale activity sectors and subsectors showed positive figures compared to September 2024 in supply revenue.
Pharmaceutical products, perfumery, leisure items, small household appliances and white goods saw the greatest increase, with 9.8%; followed by wholesale trade intermediation with 5.1%, and agricultural and forestry raw materials for industry, and waste materials with 2.5 percent.
The sectors and subsectors with the highest annual revenue in retail trade were exclusively through the internet, and printed catalogs, television and similar channels , with 23.8%; followed by household goods, computers, interior decoration items and used goods with 9.7%, and motor vehicles, spare parts, fuels and lubricants with 7.7 percent.
The mixed results in wholesale and retail trade occurred in a context where inflation rebounded, reaching 3.76% year-on-year in September, up from 3.57% in August 2025. This was compounded by weak demand for goods and services, particularly in retail.
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