The growth forecast for the 2nd quarter of 2014 has been revised upward from 7.5% to 7.7%. The growth forecast for the 3rd quarter of 2014 has been revised upward from 7.1% to 7.5%.

The growth forecast for the third quarter of 2014 has been targeted at 7.1%. Meanwhile, Geostat has released the GDP growth rate for the first quarter of 2014 and its preliminary estimates for April. These are 7.4% and 2.7% respectively. The April growth rate seems to be very low in relation to our forecast, but this low growth figure is most likely due to the relatively high GDP increase in April last year.

The growth forecast for the 1st quarter of 2014has been revised slightly upward from 7.3% to 7.4%. The growth forecast for the 2nd quarter of 2014 has been targeted at 7.7%.

The growth forecast for the 1st quarter of 2014 has been revised upward from 5.3% to 7.3%. The growth forecast for the 2nd quarter of 2014 has been targeted at 7.0%. Meanwhile, Geostat has released an official quarterly growth GDP rate for the last quarter of 2013 and it is quite impressive 7.1%.

The growth forecast for the 1st quarter of 2014 has been revised downward from 5.6% to 5.3%. The growth forecast for the 2nd quarter of 2014 has been targeted at 5.9%. Meanwhile, Geostat has updated the GDP annual growth estimate of 2013 from 3.1% to 3.2%.