November 2019’s monthly index of economic activity, Imacec
Press
Thursday, January 2, 2020
November 2019’s monthly index of economic activity, Imacec
According to preliminary information, last November the Imacec dropped 3.3% over the same month a year before. The seasonally-adjusted series increased 1.0% with respect to the previous month, and dropped 3.4% in twelve months. November 2019 came with the same number of working days as November 2018.
The mining Imacec dropped 5.1%, while the non-mining index dropped 3.1%, reflecting the performance of services and trade activity. Among services, the drops in education, transportation and restaurants & hotels stood out. This result was partially offset by increased construction and manufacturing activity. In seasonally-adjusted terms, and with respect to the previous month, the mining and non-mining Imacec increased 1.5% and 0.9%, respectively.