Economic climate reaches highest since mid-2008 – Economic

Economic climate reaches highest since mid-2008 – Economic

Economic

24:57

The economic climate indicator rose in August to the highest level since July 2008 revealed the INE.

“The economic climate indicator recovered tenuously in August, extending the upward movement observed since the beginning of 2013 and featuring the highest since July 2008,” said INE in the Economic Survey released today

He added that: “. indicator of economic activity slowed in July, after reaching the highest level since late 2000 and suspending the growing trend started in June 2012 “.

Among the sectors that showed improvement last month were industry and construction and public works (with less severe reductions in activity), while services showed a more significant increase.