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September 15, 2022
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...
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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...
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