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Almost a month after Fander Falconí, the head of the the national secretariat for planning , development, called Ecuador the next Latin American jaguar, the Banco Central del Ecuador (BCE) published full-year GDP data for 2012, showing a slowdown on 2011, highlighting limitations within the region's economic model. Real GDP growth was a solid, but unspectacular, 5 %, roughly in lin...
Data , charts: Quarterly data 2011 2012 2013 2 Qtr 3 Qtr 4 Qtr 1 Qtr 2 Qtr 3 Qtr 4 Qtr 1 Qtr Non-financial public-Market balance (US$ m) Revenue 8,211 7,892 8,096 8,548 9,217 8,615 8,149 n/a Expenditure 7,408 7,572 9,697 7,509 8,311 8,669 10,990 n/a Balance ...
Data summary: Global outlook Global outlook 2008 a 2009 a 2010 a 2011 a 2012 b 2013 c 2014 c 2015 c 2016 c 2017 c International assumptions World GDP growth ( %) 1.3 -2.3 3.9 2.6 2.1 2.1 2.7 2.9 2.9 2.9 US GDP growth ( %) -0.3 -3.1 2.4 1.8 2.2 2.1 2.4 2.3 2.3 2.4 Latin America growth ( %) 3.9 -1....
QUITO , 2013-04-25 (Xinhua) -- Foreign Minister Ricardo Patino said Thursday Ecuador will seek to resume talks with the European Union (EU) on a trade deal to boost mutual benefits. The talks over a Trade Agreement for Development is estimated to resume in September, after negotiations broke down over disagreements on sensitive issues, Patino told reporters. ...
Event Unemployment fell to 4.6 % in the Q1 of 2013, as reported by the most recent data released by the Instituto Nacional de Estadísticas y Censos (INEC, the national statistics office). Analysis The result marks a fall on the Q4 of 2012, when the unemployment rate ticked up slightly, to 5 %. However, the headline number masks high underemployment, which rose to 44.8 % ...
Data summary: Global outlook Global outlook 2008 a 2009 a 2010 a 2011 a 2012 b 2013 c 2014 c 2015 c 2016 c 2017 c International assumptions World GDP growth ( %) 1.3 -2.3 3.9 2.6 2.1 2.2 2.9 2.9 2.9 2.9 US GDP growth ( %) -0.3 -3.1 2.4 1.8 2.2 2.1 2.4 2.3 2.3 2.4 Latin America growth ( %) 3.9 -1....
Data , charts: Quarterly data 2011 2012 1 Qtr 2 Qtr 3 Qtr 4 Qtr 1 Qtr 2 Qtr 3 Qtr 4 Qtr Non-financial public-Market balance (US$ m) Revenue 6,991 8,211 7,892 8,096 8,546 9,209 8,732 n/a Expenditure 6,519 7,408 7,572 9,697 7,376 8,165 8,918 n/a Balance 472 ...
Data , charts: Quarterly data 2011 2012 1 Qtr 2 Qtr 3 Qtr 4 Qtr 1 Qtr 2 Qtr 3 Qtr 4 Qtr Non-financial public-Market balance (US$ m) Revenue 6,991 8,211 7,892 8,096 8,546 9,204 8,733 n/a Expenditure 6,519 7,408 7,572 9,697 7,376 8,165 8,918 n/a Balance 472 ...
Event Monthly consumer price inflation rose by a moderate 0.2 % in February, as reported by the most recent data released by the Instituto Nacional de Estadística y Censos (INEC, the national statistic office). Analysis Annual headline inflation was 3.5 %, marking a sharp slowdown on February 2012 when it hit 5.5 %, amid strong demand-side pressures (driven by the tail end of the state-led s...
Event Consumer price inflation picked up again in January, rising by 0.5 % on a monthly basis, as reported by the latest data released by the Instituto Nacional de Estadística y Censos (INEC, the National Statistics , Census Institute ). This followed a slight fall in December (of 0.2 %) , unexpectedly mild inflation during the majority of 2012. Analysis Alcoholic drinks , tobacco regi...
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