Mountains in Ecuador

Ecuador Economic Activity November 2022

Ecuador: Economic activity growth rises in November

Economic activity increased 4.0% compared to the same month of the previous year in November, which was above October’s 1.2% increase. Softer growth in consumer and producer prices will have supported activity, while lower oil production figures likely impeded a larger increase in the headline figure.

Meanwhile, annual average economic activity growth continued its downward trend, falling to 7.7% in November (October: +8.6%), which marked an over one-year low.

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