Agricultural production showed positive results, with rice and palm oil production standing out, favored by abundant rainfall, as well as cassava and plantain production. At the same time, cattle and pig slaughter in the region increased, driven by higher consumption of animal protein.
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Higher household consumption of durable goods boosted retail sales within the context of improved business confidence. At the same time, the dynamism of sporting events, concerts, and festivals stimulated demand for tourism services, particularly from foreign visitors.
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Real retail sales grew in the region, surpassing the national average. This performance was driven by increased household spending, lower unemployment, and effective marketing campaigns. Household consumption dynamism and improved financing conditions strengthened businesses and consumer…
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The increase in retail sales was associated with greater demand, especially for food and beverages, and new vehicles. Improved retail confidence and lower interest rates contributed to this outcome.
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Commerce strengthened, driven by a rebound in sales of cultural items, entertainment, and new vehicles and motorcycles, amid improved commercial confidence. The financial system supported this momentum with increased lending, particularly to the business sector.
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Agricultural activity expanded due to higher oil palm production, supported by rainfall levels that reduced water stress and favored the development of crops. The livestock segment also grew, driven by an increase in cattle and pig slaughtering, in response to stronger household consumption.
