According to the central bank’s figures the monthly economic activity indicator rose to 2.0% in March, from 1.6% a month earlier and 1.3% in January “extending the trend observed since the fourth quarter of last year.”

The monthly coincident indicator for private consumption remained at 2.3% in Marched and “has remained relatively stable over the last four months.”

The coincident indicators are composite numbers that reflect the year-on-year change of the respective economic aggregate.