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US Inflation saw a second consecutive decrease in its year-over-year price inflation, reaching an 8.3% inflation for August 2022. This is despite having the largest recorded increase since 1979 (13.5%) for the food index. As for changes in comparison to the previous month, there was a 0.1% increase reflected in the consumer price index. Said increase...
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When contrasting said figures to previous years, Production and Sales are higher than those of 2021. Specifically, Sales saw a 6% (69.7 pounds) increase when compared to those of August 2021. Meanwhile, Production saw a 35% increase (204 pounds). August Sales are also higher than those of 2019 by 210.5 pounds.
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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 to July 2022, Cement Sales saw a 19% increase (212.4 pounds);...
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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 has seen significant changes. This despite its changes in prices, given...
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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%), Medical Care (1.6%), and Apparel (1.6%).   As for comparison in...
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