Improvement in trade and industry figures in May



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Sectors such as metal products manufacturing, meat processing and preservation, and beverage manufacturing helped boost industrial production last May.

According to Dane, 30 of 39 productive sectors positive and so this indicator rose 2.9% in May and sales of 4.0%.

The results obtained so far this year are also encouraging. Production increased by 2.7% and sales by 3.8%.

The Minister of Commerce, Industry and Tourism, María Lorena Gutiérrez, said that "the actions undertaken by the Government for the recovery of the sector and the improvement of the economic conditions of the country are result in positive results such as those presented by the manufacturing industry in May. "

So far this year, the most performing sectors have been: the manufacture of rubber products with an increase of 17%; sugar production with 12.5%; basic industries, 7.6%; prepared foods for animals, 5.5%, among others.

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However, this growth in output is not always reflected in the generation of jobs. According to the Dane report, contracts fell by 1.8% between January and May this year and virtually no sector has created new jobs up to now in 2018.

13% [19659009] increased sales of the sugar processing and panela sector in the country, between January and May 2018.

What happens in trade?

At the same level as the industry's results, real sales of the retail trade increased in May. 9%, compared to the fifth month of 2017.

This growth is largely due to the increased demand for goods such as computers and telecommunications for personal use (25.6%), vehicles and motorcycles. (7.7%) and food and beverages (7.2%).

In addition, between January and May, real retail sales increased by 5.6% over the first five months of 2017 (in the latter period, they decreased by 1.8%).

On the other hand, in the fifth month of the year or, the nominal sales of retail trade in department stores and hypermarkets increased to $ 4.5 billion, which translates into an increase of 9.4% compared to May 2017.

Read also: "Here are the five proposals to reactivate the economy.

In this regard, the National Federation of Traders, Fenalco, reported that in June Colombian trade sales were barely acceptable: "There was no significant increase in volumes, it was just a month "for the" Regarding sales, 32% of people consulted by Fenalco reported an increase, 45% said that they were "substantially the same". "To those obtained in June of the previous year and for 23% there was decrease."

"Many merchants of consumer goods and clothing and shoes said that the month of June began very lively at the partner But sales began to register a loss of dynamism, forcing entrepreneurs to put the # He added that the best results were the merchants who sell televisions. Football World Cup In addition, for the celebration of Father's Day, restaurants, homes, specialty shops in ranch sales and alcohol and clothing have increased their sales.

On the other hand, according to Fenalco, sales of hardware items continue to decline while vehicle sales slow down

The monthly services survey reports that May, the production of movies and TV shows and

What happened to Cali?

According to data from Dane, in May, retail sales in Cali rose by 3.0%, after a negative balance in 2017.

Also, this year, sales of merchants in the capital of Valley remained on the rise with a variation of 2.4%.

The city with the best results in the country was Barranquilla, which experienced a rebound of 4.2% in retail trade sales, between January and May of this year.

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