Ecuador Economic Activity March 2018

Ecuador

Ecuador: Economic activity expands at faster pace in March

May 14, 2018

According to the monthly indicator economic activity (IDEAC, Indice de Actividad Económica Coyuntural) released by the Central Bank of Ecuador, economic activity grew 1.1% over the same month of the previous year in March, following a revised 0.2% year-on-year rise in February (previously reported: 0.0% year-on-year).

In month-on-month, seasonally-adjusted terms, economic activity increased 0.9% in March, following a revised 0.8% upturn in February (previously reported: +0.7% month-on-month).

Panelists surveyed for this month’s LatinFocus report expect GDP to expand 1.7% in 2018, which is unchanged from last month’s forecast. For 2019, panelists project the economy will grow 1.4%.


Author:, Economist

Sample Report

Looking for forecasts related to Economic Activity in Ecuador? Download a sample report now.

Download

Ecuador Economic Activity Chart


Ecuador Economic Activity March 2018

Note: Year-on-year changes and annual average variation of trend-cycle economic activity in %.
Source: Ecuador Central Bank and FocusEconomics calculations.


Ecuador Economic News

More news

Search form