"Ecuador Infrastructure Report Q4 2013" Is Now Available at Fast Market Research
A notable deceleration in construction activity from Q112 to Q113, reported by the Banco Central del Ecuador, confirms our view that, after two years of double-digit growth, a slowdown is on the cards for Ecuador's construction sector. Having expanded by an estimated 14% in 2012, we predict that real industry growth in 2013 will come in at a more modest 6.5%. This decelerating trend is likely to continue over the medium term, with BMI forecasting average annual growth of around...
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