Guatemala: Demand for industrial products drop

The level of consumption in the sector has fallen between 15 and 25%, as a result of the decrease in exports and a smaller local demand.

Friday, February 6, 2009

Elperiodico.com.gt reports: "The most affected industries are food and beverages, maquila, plastics, and construction, including some materials used by that sector, added Ernesto Morales, president of the Federation of Small and Medium Business (Fepyme). He agrees that the impact on sales has been a 20% drop. Sales have not been the same since December as they were in previous years," he explained."



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Foreign sales of electronics and the electrical sector fell by 19%, 3.6% in the food industry, 2.4% in the chemical and pharmaceutical industry, 9.2% in textiles, 7% in paper and cardboard, and 1.8% in rubber.

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