Mexico “clearly” is no longer a petro-economy, and is now a net importer of hydrocarbons. 

Actual retail sales in November 2015 decreased 0.3%, although employment in retail trade increased 2.8% over the same month in 2014. 

The Economy Minister recognizes that Peru faces an ambiguous and changing outlook, but insists that it’s ready for it. 

Declining world oil prices and its derivatives mostly favor non-oil producing economies; however, the same is not true with the fall in commodities such as coffee and bananas which continue to decline in international markets.