After the pandemic, which prohibited crowds, concerts by artists such as Coldplay, Bad Bunny, Rosalía, Miley Cirus and Harry Stylesamong others, they were the great protagonists of the country’s growth in 2022.
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According to Dane, the branch of the economy that grew the most last year was artistic, entertainment and recreation activities, with an increase of 37.9 percent compared to the figure for 2021, well above the others.
Within this, the reactivation of games of luck and chanceespecially sports betting with the World Cup in Qatar 2022, played from November 20 to December 18.
It is followed by far by the growth of the information and communications branch, with a variation of 14.2 percent; and that of commerce, transport and accommodation, which increased by 10.7 percent compared to 2021.
Specifically, what grew the most in this branch was transportation and storage (17.5 percent), followed by accommodation and food services (16.4 percent) and commerce; repair of vehicles and motorcycles (5.7 percent). “It is important to highlight the dynamism that air transport and tourism had last year, thanks to the reopening after the pandemic,” said the director of Dane.
The manufacturing industry it increased another 9.8 percent in 2022 and the growth of textile products and the manufacture of wood products stood out.
The only sector that ended the year in negative territory, with a fall of 1.9 percent, was agriculture.
The growth of the rest of the branches was more moderate. For example, financial and insurance activities will increase by 6.5 percent; construction 6.4 percent and the supply of electricity, gas, steam and air conditioning 4.1 percent.
Those with the lowest growth were mining and quarrying, with 0.6 percent; and real estate activities, with 2.0 percent. And the only sector that ended the year in negative territory, with a fall of 1.9 percent, was agriculture.
According to Anif, weather conditions reduced harvests and the devaluation of the peso had an impact on the cost of inputs. This also meant a supply shock that led food inflation to settle at 27.81 percent.
