Back to School to Boost Yucatán Commerce, Expecting Nearly 1.4 Billion Pesos in Spending

Businesses in Yucatán are preparing for a substantial economic upturn as students return to school, with the local Chamber of Small Commerce (CANACOPE) projecting an economic impact of approximately 1.4 billion pesos for the 2026-2027 school year. This forecast indicates a healthy 5% growth compared to the previous year, when sales reached around 1.375 billion pesos.

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The sales represent an increase of approximately 5 percent compared to the previous year, when about 1.375 billion pesos were reached, due to the sale of school supplies, uniforms, footwear, backpacks, and electronic or technological equipment.

The anticipated revenue surge is fueled by the demand for essential back-to-school items, including stationery, uniforms, footwear, backpacks, and electronic devices. Luis Enrique Contreras Ramírez, president of CANACOPE Yucatán, noted that sales are expected to intensify over the upcoming weekend and continue into the first days of September. He highlighted September as a particularly robust month for small businesses, not only due to the start of the academic year but also because of the national holidays that encourage family gatherings and spending.

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not only due to the start of the school cycle, but also due to the national holidays that leave a good economic impact, as families celebrate Mexican Night.

In addition to the back-to-school spending, Contreras Ramírez reported stability in the prices of basic goods, citing consistent prices for lemons, eggs, tomatoes, and bottled soft drinks. This economic stability, coupled with the expected surge in consumer spending, paints a positive outlook for Yucatán's retail sector as it heads into the fall season.

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there is stability in the price of lemon, egg, tomato, and bottled soft drinks.