Estimated real Gross Domestic Product (GDP) declined by 7.7% in November 2020 YoY and by 5.9% in the first eleven months of 2020 YoY - Geostat released its rapid estimated of economic growth today.
According to the report, the estimated reduction as compared to the previous year was posted in the following activities: Construction, Transportation and Storage, Arts, Entertainment and Recreation, Accommodation and Food Service Activities, Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles.
Statistics also show that a growth was registered in Manufacturing, Financial and Insurance activities, Information and Communication, Water supply; Sewerage, Waste Management and Remediation activities.