Ecuador: Economic activity softens in November
January 15, 2021
Economic activity ticked up 0.6% in year-on-year terms in November, easing notably from October’s 5.8% jump which had marked the strongest increase in two years.
On a month-on-month basis, economic activity grew 1.2% in November, quickening from October’s 1.0% increase. Meanwhile, the trend improved, with the annual average variation of economic activity coming in at minus 9.5%, up from October’s minus 9.7%.