Service placements totaled more than US$ 2.245 billion, with inbound tourism leading the way with an increase of 16.3 percent, almost US$ 1.99 billion and 48.9 percent of the total.

According to the Chamber of Tourism, the summer season had a higher number of visitors and higher spending by travelers.

The return of Argentine tourists also had an impact due to the reduction of the exchange rate difference between the two countries.

The UEU report puts business services as second in the total with a slight growth of 1.3 percent and exports for 461.8 million dollars between January and March.

Such figures contrasted with a 3.8 percent drop in the placements of Information Technology and Telecommunications (IT), which invoiced 312.1 million dollars in the first quarter.

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