Ecuador: Economic activity gains momentum at the end of 2020
February 16, 2021
Economic activity rose 3.9% in year-on-year terms in December 2020, picking up from the 0.6% uptick logged in the previous month.
On a month-on-month basis, economic activity increased 1.6% in December, slightly above November’s 1.5% climb. Meanwhile, the trend continued to improve, with the annual average variation of economic activity coming in at minus 8.7%, up from November’s minus 9.5%.