The report attributes the result to a “greater opening of the economy, measures to support households and partial withdrawals of pension funds,” such as the Emergency Family Income (IFE) bonds granted by the government.
Secondly, the seasonally adjusted series increased 0.8% compared to the previous month and 14.3% in twelve months.
This was explained by “the performance of the production of goods, particularly mining, an effect that was partially offset by the fall in services.”
The Central Bank reported that the 4.7% increase in the production of goods was influenced by the other goods item, which grew 9.1%, associated with the performance of construction.
Meanwhile, Commerce showed a growth of 17.7%, driven by retail sales of clothing, footwear and household equipment, and wholesale sales of household goods.
On the other hand, services grew 19.6%, mainly due to the performance of personal services, in particular education and health, while to a lesser extent business services, restaurants and hotels and transportation also contributed to the data. .
Source From: Ambito
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