New Market Report: Ecuador Infrastructure Report Q3 2013
Full-year data from the Banco Central del Ecuador reveal a notable deceleration in construction activity in H212 and confirm 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 14.0% in 2012, we predict that real industry growth in 2013 will come in at a more modest 6.5% and this trend is likely to continue over the medium-term, with BMI forecasting average annual growth of around...
View full press release