As a direct result of the significant decline in Venezuela’s oil industry, since May of 2016, growth in consumption indices of goods and services has stalled.
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After its annual visit to the country, the International Monetary Fund (IMF) praised the Dominican Republic for its dynamic growth and macroeconomic security.
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The largely informal sector of small food producers is growing in Nicaragua, but experts report that many of these businesses fail to comply with industry standards.
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Northern Peru has been the most seriously affected area by the heavy rains that flooded the region of Piura, which is inhabited by many agricultural producers who have lost a significant part of their investments.
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In January, the Honduran economy was driven by the manufacturing sector, which saw growth of more than seven percent.
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After seeing growth of 4.4% in 2016, poultry and egg producers in Colombia expect an even larger increase in consumption this year according to market trends.
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The immediate future is not bright for Mexico’s economy.
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Quinoa, consumed traditionally in South America, has gone through a boom in the last few years and is now enjoyed all over the globe.
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The increase of informal trade in Argentina has moved around $67 million per year, negatively impacting local and retail business.
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Faced with the threats of climate change and rice-grower resistance to modifications in their processes, the sector must adopt new varieties and improve the management of plantations.
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