Restaurant Sales Up in GuatemalaTuesday, August 31, 2010 Companies in the sector reported sales of $1.8 billion to the close of 2009, 20% higher than for 2008. According to the market study carried out by an association of restaurant owners the increase in sales is the result of strategies to offer more products and diverse offers to encourage customers to eat out. Costa Rica: Consumer and industrial credit rates grow the mostFriday, August 15, 2008 Interest rates in colones offered by State banks for consumer, livestock and industrial loans are the rates that have gone up the most in the last four months. Interest rates in colones for "others", which include consumer loans, went from 12.5% on April 17 - when they were at their lowest - to 16.8% on August 5; an increase of 4.3 percentage points, according to the average rates published by the Central Bank. Consumption Doesn´t Drop in PanamaFriday, June 19, 2009 Until April of 2009, tax collections on consumption has increased 18.3% compared to the same period of 2008. The Property and Services Transfer Tax (ITBMS), commonly know as the 5%, is a net tax on consumption. Nicaraguans More AffluentTuesday, December 17, 2013 The proportion of the population that claims to have more purchasing power increased by 8% compared to last year. According to the latest survey conducted by the Nicaraguan Foundation for Economic and Social Development (Funides), 36% of households considered that their purchasing power has improved, while last year only 28% of households saw their capacity to buy had improved. Growing Tea MarketMonday, November 7, 2011 The sophistication of Costa Rican society has brought about a marked increase in tea consumption, evident on the supermarket shelves where tea is occupying more and more space. In an article on Elfinacierocr.com, one businessman recounts his venture in launching tea in a very established coffee market. Trends for 2012: The Bottom of the MarketThursday, December 15, 2011 Extreme global urbanization will not slow in 2012, and the base of the urban consumer pyramid, the "citysumers", will broaden. In 2012, the opportunities to meet the needs of hundreds of millions of low-income urban consumers will be unprecedented. Consumption of Gourmet Coffee Up in GuatemalaMonday, October 25, 2010 Helped by coffee shops, domestic consumption of quality coffee has increased over the past 6 years. Currently the country produces about 4.5 million kilograms of green coffee, of which 400.000 is for domestic consumption. Electricity Market in GuatemalaMonday, December 17, 2012 Electricity consumption in 2012 increased by 4.2% compared with the figure for 2011, with demand for power up 1.54%. An article in Prensalibre.com outlines the main statistics for Guatemala's electricity market during the first ten months of this year. Egg Consumption in NicaraguaWednesday, October 11, 2017 The producers' association reports a 130% growth in the per capita consumption in the last ten years, increasing from 60 units in 2007 to 138 units this year. The figures indicate that "... annual egg consumption per capita grew by 130% between 2007 and 2017, going from 60 to 138 units. Domestic production also increased, as in 2013 there were 50,000 boxes per day, but this year the figure grew to 74,000." Coffee: Consumption Growing in Producing CountriesTuesday, August 5, 2014 Increased purchasing power has triggered the consumption of coffee in the leading producers in the world, Colombia, Brazil and Vietnam, raising its international price. The three countries which together produce 60% of the grains consumed in the world, are increasing their local consumption of coffee, putting pressure on the export supply and raising grain prices around the world. Costa Rica: Trends in Consumption of Fruit, Vegetables and FishMonday, May 12, 2014 Agricultural fairs, supermarkets and independent retailers are the preferred places to purchase fruits and vegetables in Costa Rica. The study "Trends in Consumption of Fruit and Vegetables, Seafood in Costa Rican Families" presented by the Integral Agricultural Marketing Program (PIMA) presents a comparative analysis of the consumption of these foods in the year 2012. Costa Rica: Household Consumption Becomes More SophisticatedMonday, June 30, 2014 In ten years increased amounts of income has changed the buying habits of Costa Ricans, who are spending proportionately less on food and more on education, health and entertainment. Between 2004 and 2013 household income and expenditure increased by 14% and 21%, respectively, with significant changes in the goods and services on which these additional revenues are being spent, reflecting Costa Rican's increased consumer sophistication. World Demands More ProteinThursday, June 12, 2014 The growing consumption of meat, eggs, dairy and grains is driving the agricultural industry which benefits from dietary changes at the global level. The phrase "The protein business is a very good place to be right now," made in an article in The Wall Street Journal by a US pork producer reflects the boom being experienced by the agricultural industry around the world, thanks to changing trends in food consumption of animal protein products which are beginning to be used in place of carbohydrates in consumer's diets. Costa Rica: Decline in Household ConsumptionMonday, August 21, 2017 A rise in interest rates and the depreciation suffered by the Colon against the dollar are the reasons for the slower speed with which private consumption has been growing since mid-2016. The slower rate at which private consumption has been growing since the first quarter of 2016 is mainly due to an increase in interest rates in colones, which have increased the proportion of income that households have to dedicated to paying off debts. Businesses in the commercial sector believe that this trend towards a slowdown in household consumption could be reversed by the end of the year. Gasoline Consumption in Panama Keeps RisingMonday, September 24, 2012 Despite increasingly high prices in the first half of 2012 Panamanians consumed 7.6% more fuel compared to the same period last year. An article in Prensa.com reports that "Between January and July 2012, 135,692,000 gallons of gasoline were sold, which represents an increase of 7.6% compared to the same period last year, when 126,054,000 gallons were consumed. |
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