Mexican retailer Wal-Mart de Mexico (Walmex) has posted a 7.3% rise in same-store sales in August, after adjusting for inflation.

Walmex, which operates 612 stores and restaurants, also reported total August sales of 9.6bn pesos (US$874.3m), a rise of 12.9% compared to the year-ago period, after adjusting for inflation.

Walmex, which is majority owned by US retail titan Wal-Mart, has been increasing its market share in Mexico through aggressive expansion and advertising, and low prices.

Before adjusting for inflation, Walmex’ same-store sales rose 11.6% year-on-year in August.

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