Wholesale companies’ revenues fell in July 2026 on a monthly basis, although they accumulated annual growth; in retail trade, the monthly advance was practically zero, according to the National Institute of Statistics and Geography (Inegi) .
Commercial companies in Mexico showed mixed results in July. While wholesale trade saw a 2.1% monthly drop in real revenue, retail trade stagnated, with a 0.1% monthly decrease , according to the Monthly Survey of Commercial Enterprises (EMEC).
With seasonally adjusted figures, the monthly decline in wholesale trade was accompanied by a 0.1% decrease in employed personnel , while average real wages increased by 1.6 percent.
On an annual basis, income from the supply of goods and services in wholesale trade grew 7%, employment fell 0.8%, and average wages rose 4.2%.
In the retail sector, performance was more stable on a monthly basis. Employment increased by 0.6% and average real wages rose by 1%.
In its year-on-year comparison, retail revenues grew 2%, with an increase of 0.7% in employed personnel and 7.5% in average real wages.
Within the wholesale trade sector, several activities maintained annual revenue growth. Companies specializing in machinery, equipment, and furniture registered a 9.3% increase, while those dealing in agricultural, forestry, industrial raw materials, and waste materials rose by 7.7%.
Revenues also grew 6.4% for establishments dedicated to trucks, parts and new spare parts for cars, vans and trucks ; those related to textiles and footwear increased 4.2% annually.
The behavior was different in wholesale trade intermediation , whose income decreased by 21.9% annually.
In the retail sector, there were also significant differences between activities. Revenue from healthcare products grew 8.7% year-on-year, while revenue from household goods, computers, interior decorating items, and used goods increased 8.4%.
Conversely, revenues from groceries, food, beverages, ice and tobacco decreased by 2.3%; those from self-service and department stores fell by 0.6% year-on-year.
For supply chains, the behavior of the retail sector is relevant because it acts as a link between producers, importers, and various distribution channels. A decrease in its revenue can be reflected in adjustments to orders, inventories, transportation, and warehousing.
The data from last July presents a mixed picture: while most retail sectors maintain positive annual growth rates, the monthly trend points to slower activity in both channels, particularly in wholesale. For logistics, monitoring these indicators is crucial due to their impact on merchandise flows, inventory replenishment, and the demand for transportation and distribution services.
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