According to the latest data released by the Department of Labor in Puerto Rico, the inflation rate in the country increased by 5.1% year-over-year in March 2023. All categories experienced some level of inflation during this period, with Food and Beverages experiencing the highest inflation rate of 10.1%. This increase was likely due to the...Read More

According to recent data on retail sales in Puerto Rico, the island’s economy is showing signs of recovery as sales have increased by 4.8% from February 2022 to February 2023. This positive trend is a result of increased consumer spending, particularly in the categories of Department Stores, Electronic Articles Stores, and Hardware and Home Improvement....Read More