Concanaco estimates spill for 70,300 million pesos for Mother’s Day

The established merchants of the country await the economic benefit of 70,300 million pesos for the celebration of the Mother’s daywhich would represent 13% more than the previous year and would exceed what was registered in the pre-pandemic, highlighted Héctor Tejada, president of the Confederation of National Chambers of Commerce, Services and Tourism (Concanaco Servytur).

“This figure is 22 million 300,000 pesos higher than that reported during 2019, thus exceeding, for the second consecutive year, sales prior to the pandemic,” revealed the private organization.

Tejada said that only last year there was a economic flow for 62,400 million pesos and this year an increase is expected to offset the inflation last year and an increase of around 5%, due to the fact that the health emergency due to Covid-19 has officially ended and people come out to enjoy the celebration of Mexican mothers.

According to the information collected by the 257 Chambers nationwide of the Concanacothe average purchase ticket will be between 1,200 and 1,600 pesos, before which the president of the Confederation asked to carry out this consumption in establishments that work formally, since this contributes to a virtuous circle of economic benefit.

“The celebration of May 10 this year will report a high consumption of products and gifts, while a high level of recreation and spending on services is expected for the following weekend,” said Tejada.

He stated that, although the Mother’s Day 2023 It will be on Wednesday, this will not affect Mexican families to also go out to celebrate and consume during the following weekend.

“It is expected that for the weekend after Mother’s Day, families will continue and celebrate this date through recreation and visiting food and entertainment establishments, which will reinforce, along with services such as spa centers and salons beauty, among other shops and services, “he said.

The president of the Concanaco-Servytur He stressed that the mother’s day is of high historical and family importance.

According to the analyzes and polls among the 257 national chambers, May 10 is the unequivocal sign of reactivation in the commerce sector, which remarkably underpins the growth in the tertiary sector, which we anticipate will be mainly benefited by food and entertainment, such as restaurants, bars, meeting rooms, clothing stores, footwear, flower shops, sweet shops and chocolate shops, mainly.

The celebration of Mother’s dayhe recalled, instituted in 1922, it is a celebration and an act of honor at the same time that they represent the highest commercial expense for Mexicans only behind December purchases.

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