During the month of July 2021, gross General Fund revenue in Puerto Rico reached a total of $801 million. Compared to the previous month of June, there was a decrease in revenue of $553 million, or 40.9%. Compared to July 2021, there was a decrease in revenue of 23.1%. Most of this decrease in revenue compared to 2020 can be attributed to a decrease in...Read More
Inflation August 2021 The consumer price index for the month of August in Puerto Rico was 122.48. Compared to August 2020, the consumer price index had a 3.3% increase. Compared to the previous month of July, there was a 0.4% increase. This was the 12th consecutive month with an increase in the index. Recent supply chain disruptions due to COVID have led to price increases...Read More
For the 2nd quarter of 2021, there were a total of 1,337,161 inbound passengers at Luis Muñoz Marín International Airport (LMM) and 1,334,199 outbound passengers. Compared to the previous quarter, there was an increase of 49.8% in inbound traffic and of 52.8% in outbound traffic. Since 2020 was an outlier in terms of traffic due to the COVID-19 pandemic, a better comparison would be with...Read More
Retail sales in Puerto Rico for the month of May 2021 totaled $3.347 billion. Compared to the previous month of April, sales increased by $397 million, or 13.5%. Since April and May of 2020 were affected by the COVID lockdown executive orders, year over year comparisons will be made with 2019 in order to provide a more accurate comparison. Compared to May 2019, retail sales...Read More
New and used housing units sales have been released for July 2021. Total housing units sold were 1,212 for $203,080,412 of aggregated sales. On average, housing units were sold for $167,558.10 each one. Total loans stood at $181,342,617, 4% more than in June and 30% more than in July 2020. Total units sold in July are 1% more than in June and 36% more than...Read More
