Cement sales in Puerto Rico down 70% in September

Cement sales in Puerto Rico fell by 70.2 per cent YoY in September. While sales have been declining since 2013, the size of the reduction in September has been attributed to the economic inactivity following the passage of Hurricanes Irma and Maria.

Cement sales fell 12.3 per cent in 2016, following a decline of 8.5 and 9.8 per cent in 2015 and 2014, respectively.

Local cement output dropped 65.8 per cent in September after a 41.8 per cent rise in August. This compares with a 11.5 per cent reduction in 2016.