Revenue Falls 20% at Salvadoran Drug Stores

©image: Eliazar Parra Cardenas

"This reduction has been caused by higher expenditure in security and a 10% drop in remittances", reported Elsalvador.com.

Source: elsalvador.com

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Lower Consumer Sales in Guatemala

July 2009

Despite commercial efforts in promotions and discounts, consumer sales were down 4.3% in the first half of the year.

Commerce will shrink 1.5%, mainly because the 29% drop in imports, informed the Central Bank of Guatemala.

"Lack of customers has forced businesses to sell cheaper, reducing profits...", said César Estrada, president of the Chamber of Commerce and Services, in an article in Elperiodico.com.gt.

Travel Agents Sales Down 40% in El Salvador

March 2009

The drop in air tickets sales was 40% in February and 25% in January.

elsalvador.com publishes: "The operation of local Travel Agents has been affected by the economic crisis, in the same way as local and international airlines. 'We are all experiencing it (the sector) and if (ticket) sales drops, so does ours, its the way it works', assured Javier Ortiz, president of AVA and director of Corporación Turística El Amate.

Sales of Goods Fall in Guatemala

September 2009

From January to August 2009, sales of goods dropped 5.8% when compared to the same period of 2008.

Data from the Tax Authority (SAT) shows that with the exception of January and April, monthly data has been always negative.

"Sales of services show a similar trend, albeit less steep...", reported Elperiodico.com.gt.

El Salvador: Companies Sell 25% Less

December 2009

In the first 11 months of the year, Salvadoran companies sold 24.57% less in average.

9 out of each 10 businessmen were affected by the economic crisis, according to a study conducted by Luis Membreño, independent economist.

From Laprensagrafica.com: "The drop ranges from 10% to more than 50%. 'It is a result of the population earning less money; less income and jobs', explained Membreño".