The monthly coincident indicator for the trend annual evolution of economic activity and the monthly coincident indicator for the trend annual growth of private consumption “registered decreases from the previous month ‘, embodying the report of the institution headed by Carlos Costa.
The coincident indicator of economic activity recorded negative growth of 1.2%, having been estimated at -0.9% in October and -0.6% in September. The value for November is the most negative of at least one year.
But the coincident indicator of consumption, which maintained a positive variation showed a slowdown when moving from one annual rate of 1, 8% in October to 1.6 in November, the lowest since February 2014, reads the bop of the document
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