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 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. "

Meanwhile, wholesale trade grew by 14.5%, with total sales from January to March totaling $3,268,000,000.

"The greatest dynamism in retail trade occurred in the districts of San Miguelito and Panama, where revenues grew by 51.9% and 19% respectively."

More on this topic

The Global Trend for Bottled Water

May 2013

Within the category of soft drinks, bottled water sales worldwide will excee those of carbonated beverages in the next two years.

From an article by the Costa Rica Foreign Trade Promotion Office (PROCOMER):

Research by the consultancy company Canadean has revealed that within the category of soft drinks, bottled water sales worldwide will excee carbonated beverages in the next two years.

Smuggling in the Guatemalan Economy

November 2012

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.

The closure of Central Tabacalera SA (Tacasa), which may have been caused by increased cigarette smuggling, mainly in Panama, can be seen as one of the many consequences of the phenomenon of illegal entry of goods.

France Increases Consumption of Organic Products

August 2012

The French market for organic products grew by 10% in 2011, despite the crisis.

From a press release by Procomer:

Despite the crisis the consumption of organic products in France has increased.

In ten years, the French "bio" market, despite the crisis, has maintained the interest of consumers.

Retail Recovers in El Salvador

June 2010

Retail commerce grew 2.5% in March; it had fallen 20.9% in the same month of 2009.

According to the Monthly Economic Activity Index (IVAE), developed by the Central Bank of El Salvador, retail was the single worst performing economic sector during 2009.

The bank remarked that several sectors recovered during March 2010, including commerce, finance, manufacture and agriculture.

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