QUITO Oct 6 Ecuador's economy grew 5.2 percent
in the second quarter this year versus the same period in 2011,
the central bank said on Saturday, as it revised up economic
growth figures for the first quarter and full-year 2011.
The central bank revised up economic growth in the first
quarter to 6.3 percent from 4.8 percent, while growth in 2011
was raised to 8 percent from 7.8 percent previously.
Meanwhile, GDP growth in 2010 was revised down to 3.3
percent from 3.6 percent previously.
The OPEC country's central bank announced late last month
that it had decided to start calculating gross domestic product
using 2007 as its base year instead of 2000.
In addition, the central bank said that it is now using a
new methodology to measure the size of the country's economy and
is looking at 45 economic sectors, up from 29 previously.
The monetary authority said that the sectors driving growth
in the first quarter were construction and the fish and seafood