October 2019’s monthly index of economic activity, IMACEC
Press
Monday, December 2, 2019
October 2019’s monthly index of economic activity, IMACEC
According to preliminary Information, last October the Imacec dropped 3.4% over the same month a year before. The seasonally adjusted series fell 5.4% with respect to the previous month, and 3.5% in twelve months. The month came with the same number of working days as October 2018.
The minining Imacec rose 2.0% while the non-mining index fell 4.0% The month’s economic activity was influenced by the performance of services, trade and manufacturing activity. Among services, the drops in education, transportation, business services and restaurants & hotels stood out.
Construction activity partially offset this result. In seasonally adjusted terms, and with respect to the previous month, the mininig Imacec increased 0.9% and the non mining Imacec fell 6.1%.