External Sector

By Maia Mindel (mmindel@alphacast.io) Read more Alphacast Highlights here In this hands-on guide, we will show you how to use Alphacast Pipelines to create coincident indeces and monitor key economic variables. What is a coincident index? A coincident index provides a gauge for the movement of a key economic variable through the use of related data series. In this case, the coincident investment index mirrors two of the two largest components of GDP, Private Consumption and Private Fixed Investment. Since both indeces have a certain complexity, the methodology will be shown separately, though there are major similarities between the two. How to make the Investment Index In this case, we will show you how to create the coincident investment index. The index is divided in sections, which are weighed in accordance with their relevance to the variable at hand, and estimated using the latest available data for each. Given that the index uses the Alphacast pipelines engine and data available on the platform's database, that means that the Index will be updated to reflect it as soon as the data is uploaded in the Alphacast site - in a completely automated manner. The first step is identifying the data series...

Interested in activity, prices, monetary, fiscal, external sector, and financial data for Ecuador? There are loads of datasets, available in both the Central Bank of Ecuador (BCE) and National Institute of Statistics (INEC) repositories, both containing oficial statistics from from different sources. The data is fully integrated with our database which means once the sources release it, our database will be instantaneously updated on our platform. If you are looking for data about Ecuador you'll probably find it there. However, this short guide will help you find the basic "must-see" datasets. Our Datasets are contained in five sections: Activity, Prices, Money and Banking, Fiscal, External Sector and Financial. Activity To track the economic activity of the Ecuadorian Economy, you can monitor the evolution of GDP, Industrial Production, Employment and Wages. Quarterly Gross Domestic Product Monthly Gross Domestic Product Employment Indicators Wages This is just a small sample of all the datasets we make available to our users, but there is more information that we know you will find useful such as fuel production or consumer confidence. Moreover, data is pre-processed within the platform so that you don't have to spend time doing transformations such as Seasonal Adjustment, currency change, %...