Ecuador Economic Activity April 2018

Ecuador

Ecuador: Economic activity in April grows at twice the pace of March

June 15, 2018

According to the monthly economic activity indicator (IDEAC, Indice de Actividad Económica Coyuntural) released by the Central Bank of Ecuador, economic activity rose 1.7% over the same month of the previous year in April, marking a bigger increase than the revised 0.8% year-on-year upturn in March (previously reported: +1.1% year-on-year).

In month-on-month, seasonally-adjusted terms, economic activity rose 0.9% in April, following a revised 0.8% upturn in March (previously reported: +0.9% 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 April 2018 1

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