15 Apr 2019, Radoslav Yordanov, EMIS Editor
ECLAC sees Ecuador growing only 0.4% in 2019
The commission underlined that slower household spending and low export prices will also have negative impact on the local economy this year.
In this regard, the ECLAC expects the price of Ecuador’s top export goods to decline 7% in 2019. According to its estimates, the export price of agricultural products will fall 2%, while the prices of petroleum and mining shipments will drop by 16% and 5%, respectively.
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