The drop in retail sales has been seen in sugar, dairy products, oils and fats, livestock and food industry waste, representing a reduction of 4.45% on Nicaraguan revenue in the period in question.

"In 2014, the sale of dairy products has registered a fall of 100% in volume and value because local companies did not package milk under Venezuelan brands as they did in 2013."

"According to statistics from the Center for Exports (CETREX) in addition to the reduction in the volume of purchases by the Venezuelan market, the reduction in the price of some products has also contributed to the decline in the income Nicaragua received for these sales."

Source: laprensa.com.ni

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