Consecomercio: Consumption in units increased 23% in the last four-month period of 2026, driven by foreign investment

José Gregorio Rodríguez, president of Consecomercio, said that the arrival of investors has generated a direct multiplier effect across various areas of the national economy.

Consumption in the country has seen a significant rebound toward the end of the year, thanks to the arrival of international capital. This was stated by José Gregorio Rodríguez, president of the National Council of Commerce and Services (Consecomercio), who noted that the increase reached 23% during the last four-month period.

The trade association leader emphasized that the measurement reflects the volume of units sold, not amounts in bolivars, highlighting a key difference from distortions caused by inflation or growth in the money supply. “The money supply can grow, but consumption can remain steady for inflationary reasons,” he noted.

According to the business representative, the recovery is not limited solely to exploration activities in primary sectors; it has also generated a direct multiplier effect across various areas of the national economy.

The influx of investors and delegations has boosted demand in sectors such as lodging, food, transportation, and general services. “Many of these people come to explore the terrain, see what conditions are like and how the country has changed. We’re referring to oil companies and the related businesses that provide services and are essential for an international foreign company to succeed in extraction, transportation, and marketing operations. Everything behind this has an impact on consumption,” he said.

Against this backdrop, Rodríguez projects that the Venezuelan economy will close this year, 2026, with estimated growth of between 4% and 5%, laying the foundations for double-digit growth in the next fiscal year, he said in an interview with Unión Radio.

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