El Salvador: Commercial Activity Falls 6.4% in 2008

This is the second most affected sector of the crisis in 2008, behind construction, which fell for the second consecutive year.

Monday, February 23, 2009

Patricia Palma writes in Elsalvador.com: According to Mario Magaña, director of economic matters for the Chamber, the downward trend can continue being observed in the collection of taxes. "For example, the payment account of many business, that is 2% on sales, has been declining month to month.

The report of the Chamber of Commerce shows also that the collection of IVA, another key variable in taking the pulse of commercial activity, has suffered a strong deceleration, particularly in the last quarter of last year."

More on this topic

Economy of Guatemala in December 2011

January 2012

A report has been released showing the leading economic indicators, focusing on December 2011.

Development Foundation of Guatemala FUNDESA

The Consumer Price Index (CPI) showed an annual variation of 6.20% in December 2011, 0.81 percentage points higher than in the previous year (5.39%).

Economic Activity in Costa Rica Stalled

March 2011

Costa Rica's economic activity continues to grow at very low rates.

An Aldesa analysis on the subject indicates that during February, the economy grew just 0.09%, resulting in a variation (February 2010 - February 2011) of 2.4%, according to the Monthly Economic Activity Index (MIEA).

Costa Rica: Economic Slowdown Continues

August 2010

The Monthly Index of Economic Activity (IMAE) shows growth of 2.96% to June, the fourth consecutive month in which year-on-year growth has slowed.

From the maximum year-on-year rate of 6.09% reached in February, the pace of Costa Rica's growth has slipped by around 51.4% to 2.96% in June, completing a somewhat bleak quarter.

Economic Activity Decreases in El Salvador

May 2009

Monitoring conducted by FUSADES at the enterprise level reflected a decrease in sales, employment, imports and investments in April.

In addition, consumer perception also went down after a slight upward trend in March.

Journalist Patricia Palma, wrote in Elsalvador.com: "According to this monthly monitoring, which measures positive or negative entrepreneurial perception about their situation, the overall sales indicator showed a net balance of -54%. That is, sales decreased for more than half of the respondents. This is the biggest drop since the indicator began a downward trend that has now continued for eight consecutive months. The same behavior was shown by the overall employment indicator, which went to -40%, its lowest level in the last nine months."

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