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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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The Puerto Rican economy has exhibited a series of fluctuations in recent months, capturing the interest of analysts, investors, and policymakers alike. Through the Economic Activity Index (EAI), a key indicator for evaluating the pulse of economic activity on the island, we have observed trends...
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Al observar la composición de los medios de pago en el sistema financiero dominicano observamos que hace diez años, en 2014, el 51.9% del valor de las operaciones se realizaban mediante transferencias electrónicas (principalmente débitos y créditos directos), un 43.9% se realizaba con cheques y...
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Vuelven a dispararse los precios del contenedor de 40 pies, referente internacional para el precio logístico – esta vez por el resurgimiento de demanda, en sí una señal de buena salud de la economía mundial. El índice actual, se encuentra en 2,239, duplicando su tarifa fuera...
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El año 2023 cierra con broche de oro la agroindustria tabacalera dominicana con el premio al cigarro del año por parte del referente de conocedores ‘Cigar Aficionado Magazine’ (ver https://www.cigaraficionado.com/video/86KY4eo5/2023-cigar-of-the-year). Las exportaciones vienen aumentando de USD $788 millones en 2019, sobrepasando los USD$ 1,000 millones...
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Luego de dos años de alta inflación en 2021 (8.50%) y 2022 (7.83%) ésta empezó a converger cerrando en 2023 por debajo de la meta del 4.0% en apenas 3.57%. El control inflacionario debió aligerar cualquier presión cambiaria con relación a los precios internacionales, sin...
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