The country’s economic activities generally show that it responded in November last year compared to the same month in 2022. The National Ministry of Statistics, Dane, in its Economic Monitoring Indicator (ISE), showed that the country’s economic activities Overall, primary, secondary and tertiary services grew by 2.23% and for the January-November 2023 period, the ISE recorded growth of 1.01% in its original series.
Analysts and unions They describe the data as relative growth and better performance, but low. The alarm signals suggest that an activation plan should be developed together with the national government in the medium and long term, especially for industrial activities.
The President of the National Association of Industrialists, Bruce MacMasteranalyzed that the growth is “to some extent reassuring that the economy is not in negative territory. Until August last year: “However, the result for November is insufficient. On the one hand, we compare to a month when the base was low, as the ISE grew only 0.4% in November 2022. On the other hand, the positive growth in the month of November 2023 is concentrated in the primary sector and the tertiary sector. On the contrary, secondary activities such as industry and construction have shown negative figures since March.”
Source: El heraldo
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
