Primary activities, including agriculture and mining, underpinned the upturn reported at the end of the fifth month of 2024, with an expansion of 4.6%, according to the source.

Meanwhile, the tertiary sectors (commerce, transportation, health, education and finance) experienced an increase of 3.15% with respect to the same period last year.

On the other hand, secondary activities, which include manufacturing industry and construction, fell by 2.95%.

The May data released by DANE represents the second consecutive rise for the country’s economy, since in April it surged by 5.5% also in the annual comparison.

According to the source, from January to last May, growth stood at 1.99% compared to the same period last year, when a rise of 1.15% was reported.

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