Panama: Retail Sales Grow 25.7%
Domestic trade is leading the sustained growth of the Panamanian economy, while investment in retail increases.
Thursday, June 21, 2012
An article in Prensa.com reports that "In the first three months of the year alone retail revenues reached $2,197,488,000, according to the Comptroller. This is an increase of 25.7%, as in the same period last year there were $1,747,931,000 registered. "
The activities of well-established smuggling networks have distorted the normal functioning of trade, having become an everyday part of life for a sector of the population.
Retail commerce grew 2.5% in March; it had fallen 20.9% in the same month of 2009.
The French market for organic products grew by 10% in 2011, despite the crisis.
Within the category of soft drinks, bottled water sales worldwide will excee those of carbonated beverages in the next two years.
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