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The month of August saw an overall increase in both Cement Sales and Production with a total of 1,328.6 pounds sold and 789 pounds produced. These figures from Puerto Rico’s Economic Development Bank represent the highest of 2022, barring June of the same year. Compared...
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In July 2022, Puerto Rico’s total energy consumption reached 1,514.5KWh. This shows a 1.68% increment when compared to July 2021’s total consumption. When compared to June 2022’s consumption, there is only a 1.28% increment in July 2022’s total consumption. Overall, Puerto Rico’s total energy consumption...
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Inflation for July 2022 increased by 7.15% when compared to prices in July 2021. The industries that mainly absorbed this year-over-year increase in their prices were Transportation (14.4%), Food and Beverages (9.1%), Other goods and services (4.5%), Housing (3.1%), Education and Communication (3.0%), Recreation (2.2%),...
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A pesar del dinamismo que aun exhibe la economía hasta julio, según las lecturas más recientes del Índice de Actividad Económica (IAE), el panorama para los próximos meses parece incierto. El IAE exhibe los niveles mas altos alcanzados de noviembre del 2016, y el empleo...
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Total employment for Puerto Rico in July 2022 reached 1,090,000,000. This in comparison to July 2021’s total employment, shows an increment of 36,000 or 3.42%. However, when compared to June 2022’s total employment, which was at 1,108,000, a decrease of 18,000 or 1.63%. The current...
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Export in Puerto Rico totaled $6billion for the month of June 2022, which implies an increase of $1.1billion or 23% when compared to exports reported for June 2021. Imports also show an increase when compared to figures reported on the previous year, totaling $4.6billion for...
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The Economic Activity Index (EAI) for the month of June stood at 124.3 in June, a 2.3% increase compared to the same month last year, according to data from the Economic Development Bank (BDE, for its Spanish acronym). However, the Index level in June is...
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US Retail Sales for July totaled $682.82 billion, a 10.3% increase compared to July 2021, but remain flat (0%) compared to June 2022 which totaled $682.56 billion. Excluding autos and auto parts, retail sales rose 0.4% in July. Lower gas prices likely freed up money...
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El total de ventas al detal aumentó en un 8.3% de enero 2023 a enero 2024, pasando de $2,855,897,130 a $3,093,233,465. Las categorías que mostraron los mayores incrementos porcentuales fueron los supermercados y tiendas de bebidas alcohólicas (18.3%) y los restaurantes y lugares de bebidas...
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The inflation rate in the US dipped in June for the first time in over four years, providing leeway for the Federal Reserve to potentially lower interest rates later this year. This is positive news as inflation reached a peak of over 9% in June...
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El Banco Central Dominicano publicó el Indicador Mensual de Actividad Económica (IMAE) de Junio 2024, registrando un crecimiento mes-a-mes de 4.3% en el periodo Mayo-Junio del año en curso. Este cumulativo se promedia con el resto de los meses publicados hasta ahora registrando un crecimiento...
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Entre el 2022 y 2023, los precios en Estados Unidos y Puerto Rico experimentaron los aumentos más altos desde la década del 1980. Las masivas inyecciones monetarias habilitadas por el gobierno federal para mitigar los efectos de la pandemia del Covid-19 generó fuertes presiones inflacionarias...
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Visto una inflación a marzo de 3.38%, por debajo de la meta del 4%, y dado el crecimiento de 21.1% en la cartera de crédito bancario no luce que se perfile un incremento en la TPM en los próximos meses.Con un periodo electoral doméstico que...
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