Published by
Joseph Green,
Editor
World Cement,
According to the latest report by Reuters, Puerto Rico's cement sales dropped by nearly 15% in December year-on-year. This has affected the economic activity index on a whole, resulting in a decrease of 0.5% in December.
The data showed that gasoline consumption fell by 0.8% alongside cement sales. The US territory has about US$70 billion of debt and has defaulted on some of its borrowings.
Edited from source by Joseph Green. Source: Reuters
Puerto Rico's economic activity index dropped 0.5% year-on-year in November, caused in part by a 2.5% fall in cement sales.
According to the Government Development Bank of Puerto Rico’s Economic Activity Index, 1.29 million bags of cement were sold in April 2014, down 17.5% y/y.
Cement despatches in Argentina, Peru and Ecuador show y/y growth.
A round-up of cement sales statistics in South America.