GDP growth shrunk by 4.6% last January

According to DANE’s Economic Monitoring Index (ISE), national GDP fell by 4.6% in January 2021, compared to December 2020, when it also dropped by 2.1%. In detail, commerce, transport and hospitality dropped the deepest, contributing together with a decrease of 2.7 percentage points. Covid restrictions placed in that month are associated with this variation.

Source: Portafolio