After the decline in economic activity in the first half of the year, the data for the gross domestic product (GDP) showed a moderate increase on an annual basis of 0.%, reported the National Bank in a statement.

“The growth of the activity in the third quarter was due to the export and personal consumption, while investment activity continued to decrease, but at a slower pace, compared to the previous quarter. The indicators point to something better in the economy compared to the previous quarter”, the statement added.

The average annual inflation rate in the first eleven months is 1.3% and it moves within the projections.