Industry is set to remain an important part of Colombia’s economy, not only for its capacity to create employment, but also for its significant impact on regional development. However, manufacturers face a challenging domestic environment due to fiscal reforms, which are likely to reduce consumer expenditure in 2017. Still, the devaluation of the peso has made the country’s exports more...
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Chapter | Industry & Retail from The Report: Colombia 2017
Articles & Analysis | Exporters target high-end retail markets by focusing on Peru's locally produced, quality textiles from The Report: Peru 2017
Home to high-quality materials such as pima cotton, alpaca and vicuña wools, among others, Peru has long been a competitive producer of clothes for both local and international markets.
Articles & Analysis | Peru's value-added industries and small businesses aim to boost industry and retail growth from The Report: Peru 2017
As the world’s third-largest producer of copper and zinc and with the sixth-largest gold reserves, for a country with a population of just 30m people, Peru has historically commanded a large presence in the global commodities market. This was especially true over the 10 years spanning 2002-12, when prices increased substantially during the...
Articles & Analysis | Retail prospects look bright as demographics drive Peru's consumer spending from The Report: Peru 2017
The retail sector in Peru has been the second-fastest-growing sector of the economy over the past decade, after construction, driven by rising consumer spending. Retail sales peaked at $64bn in 2013-14, before falling back to an average of $61bn in 2015-16, in line with the slightly cooler economy. Peru’s total private consumption has more...
