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Retail Sales increase in November

Retail Sales during November 2022 have once again shown growth in their annual growth rate after the setback that occurred in September of this year due to Fiona’s passage, marking the second month in a row that sales have increased. However, the growth rate of sales has been consistently slowing down as the high prices of...
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Empleo aumenta en el 2022

La cantidad de empleos para diciembre 2022 equivalió a 927,100 empleados. La cantidad de empleos observada resulto ser un aumento de 35,400 empleados (4%) comparado con diciembre 2021, aunque todavía representa una reducción de 1,500 empleos (0.2%) comparado con el mes anterior de Noviembre 2022. La fuerza laboral aumento a 1,233,000 individuos para Diciembre 2022, un...
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¿Cómo se ve la economía para el 2023?

A casi un mes de haber dejado atrás el 2022, la pregunta obligada es como será el 2023. El año que acabamos de dejar atrás fue de muchos retos y cambios. La guerra en Ucrania (febrero del 2022), además presenciamos la inflación mas alta en cuatro décadas, y agresivas subidas de tasas de interés por parte...
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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 October...
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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 November...
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