Ecuador reports 12.7 percent growth in sales for April compared to previous year

Alexandra Verónica Navarrete Ricaurte General Director at Servicio de Rentas Internas (SRI)
Alexandra Verónica Navarrete Ricaurte General Director at Servicio de Rentas Internas (SRI)
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Ecuador’s tax authority announced on May 4 that total sales registered through electronic invoices reached USD 24.3697 billion in April, reflecting a 12.7 percent increase compared to the same month last year.

The announcement highlights continued positive momentum in the country’s economic activity, which officials attribute to policies aimed at strengthening production, investment, and consumption.

Several key sectors showed significant gains during this period. The construction sector saw a growth of 14.4 percent and is described as one of the main drivers of economic recovery due to increased investment projects and job creation. Commerce and transportation also reported higher circulation of goods and services, which authorities say is linked to improved market confidence and internal demand.

Officials state these results demonstrate the impact of national government policies designed to stimulate productive activity and create favorable conditions for development.

The data suggest ongoing recovery across strategic sectors as Ecuador continues efforts to boost its economy.



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