Puerto Rico’s economic activity index held up its downward spiral in June, when it reflected a reduction of 1.8 percent compared to June 2015, and a 0.2 percent reduction compared to May 2016, the Puerto Rico Fiscal Agency and Financial Advisory Authority (FAFAA) announced Monday.
Puerto Rico’s new car sales remained on the positive side for the fourth straight month in July, when 6,644 units were sold, reflecting a 17.4 percent year-over-year increase, the United Automobile Importers Group (known as GUIA by its Spanish acronym), said Monday.
The President of the Puerto Rico Economists’ Association, Juan Villeta-Trigo, met Monday with Marie Donnay, economist and representative of the Mission of the General Directorate for Economic and Financial Affairs of the European Union to discuss the island’s fiscal situation and exchange strategies focused on achieving economic growth.
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