The National Institute of Statistics (INDEC) reported that economic activity increased by 11.4% in March compared to the same month last year, when restrictions to combat Covid 19 began to operate. This is the first year-on-year increase since August 2019, and the highest since July 2010. However, activity in March was 0.2% lower than in February, and thus accumulated a rise of 2.4% in the first quarter of the year. By sector of activity, eight sectors grew year-on-year in March: Fishing (+59.2%); Construction (+44.1%); Industry (+28.9%), Trade (+23.3%); Real estate, renting and business activities (+7.8%); Financial intermediation (+4%); Agriculture and livestock (+3.9%), and Social and health services (+1%). As in previous months, the largest contraction in March was in "Hotels and Restaurants", which fell 22.3% year-on-year.