Economy

Economy December 26, 2016 | 11:32 am

Slumped purchasing power hurt Christmas sales, retailers say

Santo Domingo.- Dominican National Retail Council(ConPer) president Antonio Cruz Rojas onSunday said Christmas sales fell because of the "systematic decline inpurchasing power of families."

He said since the 2012 tax reform, familieshave been losing their ability to meet their needs, having to pay more taxes andstill stagnant wages.

Cruz said despite the many people in th... Read more

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