El año 2023 cierra con broche de oro la agroindustria tabacalera dominicana con el premio al cigarro del año por parte del referente de conocedores ‘Cigar Aficionado Magazine’ (ver https://www.cigaraficionado.com/video/86KY4eo5/2023-cigar-of-the-year). Las exportaciones vienen aumentando de USD $788 millones en 2019, sobrepasando los USD$ 1,000 millones en valores de exportados en 2021 y 2022 (línea tarifaria...Read More
Luego de dos años de alta inflación en 2021 (8.50%) y 2022 (7.83%) ésta empezó a converger cerrando en 2023 por debajo de la meta del 4.0% en apenas 3.57%. El control inflacionario debió aligerar cualquier presión cambiaria con relación a los precios internacionales, sin embargo, la devaluación de 2023 fue de 3.27%, menor al...Read More
Aunque el dato final del PIB para 2023 no se ha anunciado, el indicador en tiempo real IMAE para los meses entre enero-noviembre solo había crecido 2.2% en términos acumulados. Esto contrasta con el dato para 2022 del mismo periodo de 5.3% lo que parce confirmar nuestro vaticinio anterior de que el PIB de 2023...Read More
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 effect on how Interest Rates have been in locked since...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 coming months as it has been doing during 2023. 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 at 2%.However, sales for the month of November alone increased...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 trends and the forces shaping the labor landscape. Trends and...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 an average rate of 3% during 2023 and the projection...Read More
As we transition to the new year, and the business sector has begun to make plans and budgets for thenew year. The Intelligent Economics team is ready to provide the data and economic analysis you needto support your business decisions. The starting point of our analysis and vision for 2024 suggests that,as we approach the...Read More
In the month of December 2023, a total of 11,538 new car units were sold in PuertoRico, showing a decrease of about 3.95% from the 11,802 vehicles sold in December2022 according to data from the United Group of Automobile Importers (GUIA, for itsSpanish acronym). When comparing the YTD of 2022 and 2023, there’s been anincrease...Read More
