According to the Monthly Index of Economic Activity (IMAE) at the end of the third quarter, it shows an increase of 3.7% in volume of the national production of goods and services.
The more dynamic growth of the loan portfolio than that of deposits registered in the financial system caused a 6.6% increase in Financial Intermediation services. Which, in turn, leads to a 6.5% growth in Financial Intermediation, Insurance and Pension Funds.
Added to the income of the contributions of the members and the investment income of the pension funds, the activity of Insurance and Pension Funds was increased by 4%.
The manufacturing industry also increased by 3.3%, thanks to the 3.6% increase in the Food, Beverage and Tobacco category. All due to the high volumes of the production of concentrated feed for animals and the production of alcoholic and non-alcoholic beverages, due to the increase in national demand.
They also contributed, but to a lesser extent, even last year, coffee, the slaughter of poultry (due to the increase in domestic consumption of chicken meat) and the slaughter of cattle (also due to the increase in domestic consumption and the result of greater export indexes).
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