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...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...Read More
Total bankruptcies for all chapters in August 2021 stood at 303, 13 more than in July. When compared with August 2020, this year is -28% less. The accumulated total in 2021 is 2,639 bankruptcies, 24% less than for the same period in 2020. Chapter 7 bankruptcies in August were 129, the first increase month over...Read More
In June 2021, the Consumer Price Index stood at 270.98. When compared to May 2021, the index grew by 0.9%. It has been the most significant month-to-month increase since 2008. When compared to June 2020, the index reflects inflation of 5.1%, which is the largest increase year to year since 2008. An increase of the...Read More
The consumer price index for June 2021 in Puerto Rico stood at 121.38. Compared to June 2020, the consumer price index rose by 2.7%. This large year over year increase is mostly due to deflation seen in 2020 due to the COVID-19 pandemic. Decreases in demand for many goods and services during the pandemic led...Read More
In July 2021 in Puerto Rico, there were 244 total bankruptcy filings. Of these fillings, 99 were chapter 7, 140 were chapter 13, and 5 were chapter 11. Compared with June, there were 84 fewer filings or a decrease of 25.6%. Compared with May 2020, there were 31 more periodic filings or a reduction of...Read More
Non-farm payroll in the United States totaled 146,821,000 for the month of July 2021. Compared with the previous month of June, 266,000 jobs were added, a growth rate of 0.6%. This is the highest employment level since March 2020. Job recovery has reportedly slowed down despite still being on the rise. Compared to July 2020,...Read More
Retail sales for the month of March 2021 in Puerto Rico totaled $3.158 billion. Compared to the previous month of February, sales increased by $572 million, or 22.2%. When compared to March 2021, retail sales increased by $1.104 billion, or 53.8%. Our firm’s usual analysis methods rely on year over year comparisons as well as...Read More
Non-farm payroll for the month of July in Puerto Rico totaled 859,500 workers. Compared to the previous month of June, non-farm payroll increased by 3.6 thousand, or 0.4%. Compared to July 2020, there was a 37.1 thousand increase, or 4.5%. Compared to June, the categories with the most growth were education, tourism, and construction. They...Read More
For the month of June 2021, the economic activity index for Puerto Rico stood at 118.9. Compared to the previous month, the index went down by 0.5 points, or 0.4%. When compared to the index for June 2020, the index increased by 8.8, or 8%. A useful comparison both for the index, as well as...Read More
