Ecuadorian Trade Gets Extra Bonus in Labor Sector

Ecuadorian trade entered its most dynamic, encouraged by the extra bonuses received by the labor sector in the season in a year of growth of imports of non-durable goods and economic recovery. The offers a huge variety of consumer items that start with clothing and appliances go through and end up in cars and homes, rampant these days in all media. Despite the discourse of the Catholic Church and President Rafael Correa, in the sense that this is not a period of consumerism but of affection, people from all strata is released with euphoria to buy, encouraged also by credit offers.

TVs "plasma" all the rage, even in low-income strata, although their minimum cost is $ 500 per unit, equivalent to two minimum wages. Imports of non-durable consumer goods in the first 10 months of this year rose to 1.8 billion dollars, about $ 270 million more than in 2009.

That figure, combined with the durable consumer goods for a total of 3.3 billion dollars, up from 3.0 billion the same period last year.

"That has to do with consumption patterns that prefer foreign products and the inability of production to meet domestic demand," he told Notimex Alberto Acosta, the Latin American Faculty of Social Sciences (FLACSO). The growth of imports is such that compared to non-oil exports, Ecuador has a deficit in its trade balance of over one billion dollars.

Similar Topics :


Comments are closed.


Enter your email address:

Delivered by FeedBurner

Alexa rank

Alexa rank is unknown.

PHP/MySQL Components, WordPress Plugins, and Technology Opinions at