Monday, August 8

INDEC today reveals the pace of economic recovery from the post-pandemic

Until last August, the Monthly Estimator of Economic Activity (EMAE) -a record that brings together several of the components of GDP- accumulated an increase of 10.8% so far in 2021.

Forecasts for September point to another year-on-year increase driven by growth of 10.1% in manufacturing production and 12.4% in the construction sector, among other indicators.

What’s more, The commercial exchange left a surplus of US $ 1,667 million, with an increase of 60% in exports and 42% in imports.

During the ninth month of the year, domestic consumption also showed greater dynamism, reflected in the 76% increase in VAT-DGI collection compared to a 50% year-on-year inflation.