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Colombian economy: In the first quarter of 2019 grew 2.8%.

In the first quarter of 2019, the Gross Domestic Product -GDP- grew 2.8% compared to the same period of 2018. Wholesale and retail trade was one of the activities that drove the growth.

The economic activities that contributed most to this dynamic are: wholesale and retail trade; repair of motor vehicles and motorcycles; transportation and storage; accommodation and food services, grew 4.0 %. Public administration and defense; compulsory social security schemes; education; human health care activities and social services grew 3.3%. Manufacturing industries grew 2.9%.

With respect to the immediately preceding quarter, GDP, in its seasonally and calendar adjusted series, decreased 0.01%. This variation is explained by the fact that construction decreased 4.0 %, information and communications decreased 1.7 % and manufacturing industries decreased 1.0 %.

Source: Actualícese

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