“In December, there will be an increase of at least 3 percent in the prices of clothing, toys and electronics, due to the US dollar exchange rate situation”, confirmed President of the National Chamber of Micro-Commerce (Canacope) Octavio Corvera Álvarez.
“We saw that on the night of November 8 the currency fell by 13 percent. We are going to await for the measures to be taken by Mexico’s Central Bank (Banxico) and the Treasury and Public Finance Secretariat (SHCP), although the truth is that yesterday I was surprised to hear them say that they will wait and see what actions the United States is going to take,” he said.
Corvera Álvarez suggested that the public needs to consume local products and support small businesses in order to avoid the repercussions of the U.S. election result.
Corvera Álvarez said that for the coming “Buen Fin,” which will take place Nov. 18 to 21, there will be no increase in prices of products and services.
“If we do not take advantage right now, with real sales, it will be a complicated start to the new year (2017). The peso has depreciated in value and the exchange rate really affects us,” he concluded.
by PATRICIA GUTTIÉRREZ RODRÍGUEZ for The News MX
Source: http://www.thenews.mx/
Comments
more recommended stories
-
Cold front No 29 will affect Quintana Roo
Fresh winds and a partially cloudy.
White House economic adviser recognices: “Shutdown damage is worse than initially estimated”WASHINGTON D.C.-The U.S. economy is taking.
Fake editions of The Washington Post handed out in D.C. -Video-Activists distributed hundreds of fake “special.
AMLO´s Government Debuts in Global Markets With Debt Issuance Of 2,000 Million DollarsMEXICO (Bloomberg).- Lopez Obrador´s new government.
Hondurans form a new US-bound caravanAnother caravan of Central American migrants.
According to trial witness, “El Chapo” wanted to direct film about his own lifeAccording to Yahoo News, Joaquin “El.
Fonatur (Fondo Nacional de Promoción Turística) in bankruptcyThe National Fund for Tourism Promotion.
Pentagon extends mission to Mexico border through SeptemberWASHINGTON (Reuters) – The U.S. military.
‘El Chapo’ paid former Mexican president Peña Nieto $100 million bribe: trial witnessJan 15 (Reuters) – Accused Mexican.
3 Tips That Will Make Your Stay in Yucatán More EnjoyableYucatán has always been one of.
Leave a Comment