8:36 p.m.
Saturday, 18 November 2017

Trading declined in BC

Por Daniela Jiménez

Mexicali, Baja California.- In Baja California a sharp drop in sales of organized trade was recorded at the end of 2012, according to figures released by the INEGI's monthly survey of establishments in this sector.

Contrary to the speech of Jorge Cervantes Arenas, president of the National Chamber of Commerce of Mexicali, where he said that there was a trading growth, the institute's data shows that in the capital wholesale sales went down 22.5 percent annual rate during December in seasonally adjusted figures.

Furthermore, retail sales dropped 1.5 percent annual rate over the previous year. Which affirms that trade on the Mexican side is in disadvantage due to high administrative costs, tax and also because they do not seek alternatives to become more competitive, such as respecting guarantees, wider schedules and good customer service, among others. With regards to wholesales sales of trade establishments Tijuana displayed shrinkage of 8.4 percent in annual rate and retail sales dropped 3 percent.

At a national level, the retail trading sales decreased 1.8% annual rate in December 2012, resulting from reductions in household goods subsectors, computers and interior decoration items, stationery items, recreation items and other personal items; Motor vehicles, spare parts, fuel and lubricants, and in hardware, hardware store and glass, among others.

Wholesale sales dropped 8.8% annual rate. At a subsector level, sales dropped in agricultural raw materials for industry and waste materials; Machinery, furniture and farming equipment, industry and services, and mainly in the textile and footwear products.

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