The president of the National Association of Self-Service and Department Stores (ANTAD), Vicente Yañez, estimated that sales for Good End this year will grow five percent annually, despite the fact that inflation is still high.
“The projection is always that it will be a weight more than last year, and it surely will be. Maybe five percent more than last year is an appropriate figure, it’s a significant number. All this is to promote formality and that is good for all of us,” said the businessman at a press conference.
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According to data from the Ministry of Economy (SE), in 2022 the Good End registered sales of around 134 billion pesos. The amount was below the 195 billion pesos originally projected.
“Five percent is very reasonable. In fact, economic activity is performing relatively better; inflation is worrying, but fortunately the latest data confirms that there is already a turning point,” added Francisco Lelo de Larrea, deputy director of Economic Research. from the Center for Economic Studies of the Private Sector (CEESP). Luis Abel Romero, Undersecretary of Industry and Commerce of the SE, added that the thirteenth edition of the Good End will take place from November 17 to 20.
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He added that this season of discounts in Mexico also seeks to promote responsible consumption, while inviting consumers to value national products and support small businesses.
On this occasion, the Tax Administration Service (SAT) will raffle up to 500 million pesos between businesses and users who make purchases this season.
2023-08-15 11:00:00
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