Totocaputo reported that the Monthly Economic Activity Estimator (EMAE) had increased by 0.1% month-on-month in August in the seasonally adjusted series, while the trend-cycle indicator had not changed compared to July. According to him, the latter was 6.6% above the level of December 2023. Among the sectors with year-on-year growth, he mentioned Mining and Quarrying (+11.1%), Hotels and Restaurants (+3.1%), and Real Estate, Business and Rental Activities (+0.4%). Among those that recorded declines, he cited Financial Intermediation (-3.8%), Manufacturing Industry (-3.2%), and Public Administration and Defense (-1.6%). #Economía #ActividadesEconómicas #Crecimiento (translated)
