In December, inflation in Puerto Rico showed varied trends across different sectors according to the latest data. The overall inflation rate for all groups combined was recorded at 1.98%, when compared to October’s 2.7%, it shows how inflation has started to decrease.This could be an...Read More
Employment is still on the rise, Nonfarm payroll (SA) totaled 956,300 jobs in December. This marks a decrease of .07% when compared to November 2023 where the total jobs were 957,200. Although there was a slight decrease, jobs should continue to keep increasing in the...Read More
The accumulated retail sales up to the month of November reached the figure of $35.268billion, an increase of 4% compared to the sales of 2022 when they reached $33.912 billion. Thenominal increase is 2% higher than the prevailing inflation level on the Island, which stands...Read More
In the past decade, Puerto Rico has undergone a turbulent journey in its labor market, revealing a narrative of resilience, challenges, and transformations. A detailed analysis of total employment on the island, measured in thousands of individuals since 2010, provides an insightful perspective on economic...Read More
The most important global economies are generally determined by their Gross Domestic Product (GDP),which measures the total value of goods and services produced within a country. Despite the recentglobal tensions and the disruption created by the Covid-19, measured by GPD, the global economy isgrowing at...Read More
