According to the central bank’s indicators the monthly economic activity indicator rose to 1.4% in February, from 1.2% a month earlier and 1.0% in December “extending the trend observed since the fourth quarter of last year.”

The monthly coincident indicator for private consumption remained at 2.3% in February 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.