In May 2025, the performance of the commercial sector in Mexico had mixed results, according to the results of the Monthly Survey of Commercial Companies (EMEC) , which revealed a decrease in wholesale trade and a growth in retail trade at a monthly rate.
According to the survey, conducted by the National Institute of Statistics and Geography (INEGI) , revenue from the supply of goods and services in wholesale trade showed a monthly decline of 2.2 percent .
Employment in this sector fell 0.1%, while average wages increased 0.1% monthly in the fifth month of the year.
Meanwhile, retail trade saw a 1.8% increase in revenue. It also saw a 0.1% increase in the workforce; however, average real wages fell 0.1% monthly.
In their annual measurement, wholesale retailers saw a 7.8% slowdown in total revenue. They also recorded a 3% increase in employed personnel and a 1.8% increase in average real wages.
During the reference period, retail businesses reported a 2.5% increase in revenue from the supply of goods and services; the number of employees increased by 0.7%, and average real wages grew by 5.4% annually.
Most wholesale sectors and subsectors showed a decrease in supply revenue compared to May 2024.
Agricultural and forestry raw materials, industrial raw materials, and waste materials saw the greatest decline, with 13.5%; this was followed by textiles and footwear , with a drop of 11.7%, and trucks and new parts and spare parts for cars, vans, and trucks , with a drop of 7.2%.
The sectors and subsectors with the highest revenue in retail trade were exclusively through the Internet, and printed catalogs, television and similar , with 9.6%, followed by stationery, recreational and other personal use items , with an increase of 9.5%, and textile products, jewelry, clothing accessories and footwear , with an increase of 8.8 percent.
Low demand for goods and services led to mixed results for wholesale and retail businesses, compounded by factors such as uncertainty surrounding the current economic situation, driven by the United States’ tariff policy.
Also, inflation in Mexico has begun to ease, after having had a period of upward trend in the first months of 2025. Last June, the National Consumer Price Index (INPC) stood at 4.32% annually .
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