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Source: Puerto Rico’s Trade and Export Company Retail Sales for the month of July 2022 reached $3.3million. When compared to July 2021’s total retail sales figure, this represents a 0.6% diminution. When compared to June 2022, there is a 0.3%...
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Source: Department of Labor and Human Resources Consumer Price Index (CPI) in Puerto Rico for the month of August 2022 reached 130.46, which translates to a 6.5% inflation in prices for all items. Said inflation rates were mainly impulsed by...
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Puerto Rico’s Planning Board published the Statistical Appendix for 2021’s Fiscal Year yesterday, September 29, 2022. Said report showed that, contrary to the projections made by the Planning Board itself, Gross National Product grew by 1 % for 2021. This...
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In an attempt to increase investment incentives and with it, stimulate the economic growth of the World’s 6th biggest economy, the United Kingdom’s Prime Minister, Liz Truss, signed off on a £45bn tax-cutting package. Measures such as this one are...
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Puerto Rico’s Statistical Appendix of the Economic Report show’s a year over increment of 4.4% in its Gross Product, reaching $71,580.8 millions of dollars in 2021. Said increment rate was larger than 2019-2020’s year over year change, which pointed out...
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