Monday, February 22, 2016

Coincident indicator up 3.3 percent.

The coincident indicator, an economic growth index published by the Central Bank (BDL), grew by 3.3 percent in December 2015 from a year earlier.

The coincident indicator is comprised of sub-indicators, such as cleared checks, cement deliveries, electricity production, fuel imports, passenger traffic, the money supply M3, and external trade.

Fuel imports jumped by 12 percent, in terms of quantity, to 7.66 million tons last year compared with 2014. The value of oil imports decreased...

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