Mountains in Ecuador

Ecuador Economic Activity September 2023

Ecuador: Economic activity records largest decrease in two years in September

Economic activity fell 1.7% year on year in September (August: +3.8% yoy). The outturn marked the worst reading since February 2021.

Meanwhile, the trend pointed down, with the annual average growth of economic activity coming in at 2.3% in September, down from August’s 2.8%.

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