Although this fall was within the scope forecast by experts (a decline from 2 to 3.5 percent), it has been the major drop since February, 2021, when the country was being most severely hit by the Covid-19 pandemic.

According to the bank´s statement, the November result is due to the trend of production of goods and trade, both the retail and wholesale ones.

The manufacturing industry fell by 6.5 percentage points, mining lost 3.2 percent, whereas the remaining goods moderately rose by seven tenths.

Trade plummeted by 8.8 percent due to the contraction of sales at supermarkets, clothing, shoes and electrical appliances stores, which included large store chains.

This sector was mainly affected by the constant increase in the consumer price index due to inflation and people´s apprehension towards the future of their personal economy and the country´s in general.

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