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LA PAZ, Dec. 23 (Xinhua) Economic activity in Bolivia accumulated a 9.56 percent drop between January and October compared to the same period of 2019, the state National Statistics Institute (INE) reported Wednesday.
The indicator slipped for the seventh month in a row, due to the novel coronavirus (COVID-19) pandemic, said the INE.
The INE s executive director general, Humberto Arandia, told reporters at a press conference that 2020 was set to see record negative growth as a result of the pandemic lockdown measures.
Bolivia s Global Index of Economic Activity, which serves as a short-term forecast of productive activity, registered the biggest drops in the following sectors: metallic and non-metallic minerals (33.25 percent), construction (32.06 percent), industry (11.42 percent) and hydrocarbons (5.14 percent).