Commercial activity will drop by 3% in 2016

Image: Expreso

Trade is preparing to face an economic crisis that will will be felt more by cash registers and the pockets of buyers in 2016. “Forecasts show that in early 2016 the economy will reach the lowest point of the economic cycle,” told to daily Expreso the president of the Chamber of Commerce of Guayaquil Pablo Arosemena.

To have an idea of how difficult the situation will be in the coming year, it is enough to look at the figures of the first month of this year, when sales plummeted by 16.3%. Then there was an increase of 0.7% in February, and in March there was an improvement in the economy with a 12% increase. But the boom did not last long; for four consecutive months sales were negative (June to September), according to the Monthly Study of Business Opinion, issued by the Central Bank of Ecuador.

Source: http://expreso.ec/expreso/plantillas/nota.aspx?idart=8782541&idcat=38229&tipo=2