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Retail Sales up 2.5% in October

Sales registered for October 2022 amounted to $3,157.17 million dollars, when compared with the same month in 2021 it represents an increase of 2.5%. Compared to the previous month, this is a 11.6% increase from September 2022 that had a total of $2,828.34 million in sales. The five sectors with the highest reported increases during...
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Inflation hits 6.3% in November 2022

With the most recent information from November 2022 the overall consumer price index for Puerto Rico reached 131.9, increasing 0.4% from the previous month’s October 2022 value of 131.4 and a 6.3% increase from the November 2021 value of 124.1. For context this would mean a purchasing power of $0.76 for November 2022 in December 2006 dollars, a reduction in purchasing power of $0.05 compared to the...

Efectos Económicos en el Mundial de Fútbol

Cada cuatrienio se lleva a cabo la competencia más importante del fútbol, “La Copa Mundial”. El país anfitrión este año, Qatar, ha invertido sobre $220 billones en el evento. Esto es casi 60 veces más de lo que costo para el mundial en el año 2010 celebrado en Sudáfrica ($3.5 billones). A pesar de la emoción que...
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Las ventas al detal se afectaron en septiembre tras el paso de Fiona

Las ventas registradas para septiembre de 2022 ascendieron a $2,828.3 millones de dólares, lo que representa un descenso de 3.6%, si lo comparamos con el mismo mes en el 2021. Comparado al mes anterior de agosto 2022, representa una caída de -14.1%. Los grupos con las mayores alzas reportadas fueron: Distribuidores de combustible (+45.3%); Supermercados...
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Bankruptcies increased by 10.9% in November 2022

According to BoletinPR, bankruptcies for the month of November 2022 totaled 306 filings, a 10.9% increase compared to November 2021. In context, while the 10.9% increase is a lot, the number of filings (306) is the second lowest since 2012. This means that for the month of November, bankruptcy filings have declined in 2021 and...
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New car unit sales decreased by -2.1% in November 2022

According to GUIA, new cars sold for the month of November 2022 totaled 9,147 units, a -2.1% decrease compared to November 2021 (9,346 units). This is the eight-month in 2022 with decrease in sales in a year-over-year comparison. Year-to-date sales total 112,522 units, a -4.1% compared to the same period last year (117,336 units). Sales...
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