Ecuador: Growth in economic activity inches up in February
April 10, 2015
In February, economic activity increased 0.2% over the same month last year, according to the monthly indicator for economic activity (IDEAC, Indice de Actividad Economica Coyuntural). The print contrasted January’s 0.9% contraction (previously reported: -2.1% year-on-year).
Despite February’s weak expansion, annual average growth in economic activity decreased from January’s 4.6% to 4.3% in February.
Author: Robert Hill, Economist